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I'm CTO at a Hedgefund and we did very well last year but I would never recommend any of our strategies to a retail investors. Instead check out the Bogleheads
by LaurensBER 4y ago
I'm CTO at a Hedgefund and we did very well last year but I would never recommend any of our strategies to a retail investors. Instead check out the Bogleheads wiki: https://www.bogleheads.org/wiki/Getting_started_for_non-US_investors https://www.bogleheads.org/wiki/Getting_started_for_non-US_i...
Most investors will never beat the market, aim for simplicity, low cost and broadly diversified index funds and you'll do very well in the long run.
- tdubhro1 4y agoI also work at a HF and have worked in various finance domain roles for 20 years and I strongly agree with this. Focus on clearing your short term debt (if any), keeping your investment costs low, pick safe options. After this, in my opinion the most impactful thing you can do to long term wealth prospects is live well within your means, and ask for raises, really really make sure you are at or close to the top end of your market rate salary at all times. Never defer gratification when it comes to professional compensation, no matter what the supposed upside might be.
- cpach 4y agoVery good advice IMHO. There’s also a subreddit for bogleheads: https://old.reddit.com/r/Bogleheads/ https://old.reddit.com/r/Bogleheads/
- texasbigdata 4y agoAlso worked at a $50B hedge fund. You wont beat the market. If you did, it took you 80+ hours per week for multiple years to be 50-52% accurate. And that’s pre fees.