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Buy and hold, not day trade, and I think you can beat the market. You don't have management costs. And buy and hold avoids capital gains that professional sto
by eatmyshorts 13y ago
Buy and hold, not day trade, and I think you can beat the market. You don't have management costs. And buy and hold avoids capital gains that professional stock market traders will incur. You also have to do your homework--don't buy the latest fad, and don't chase performance (that's a guaranteed train wreck waiting to happen).
And, yes, I can beat the market. My 20-year investment history shows that I consistently beat the market. And, no, I'm not a professional stock market trader. I've worked as support staff at investment banks, and I can tell you first-hand that there are many reasons not to be a "professional stock market trader". The industry is a horrible place to work, and I'm glad to be out of it.