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> This is such a nonsense being pandered by people who make money on it. Are you suggesting there’s more money in the market of selling index funds than there
by the_gastropod 7y ago
> This is such a nonsense being pandered by people who make money on it.
Are you suggesting there’s more money in the market of selling index funds than there is in the market of selling you the idea that you can beat the index? Because I’ve got news for you...
> You, you can absolutely "time the market". You just can't do it exclusively based on the chart. The real world is still there, and it's important, you know? And Stock Market and savings accounts are not the only investment instruments available to people. And you don't have to be all in or all out.
Maybe if you don't have time and skills to think about it, etc. then this makes you feel better about your "investments" because "there was nothing you could have done better". But it's still load of rubbish.
There have been countless studies done about this, and countless fools who tricked themselves, like scratch off players and gambling addicts, who think they’re winning. It’s exceedingly uncommon for investors to beat the market over 10+ year periods.