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That's really an argument for buying index funds, since the costs and fees of buying and selling random stocks would eat away any profits very quickly. (Even j
by chimeracoder 12y ago
That's really an argument for buying index funds, since the costs and fees of buying and selling random stocks would eat away any profits very quickly.
(Even just buying and holding truly random stocks is still less likely to be a better investment strategy than index funds after taxes and fees are taken into account, let alone the volatility).