he would hold one till swelling went down
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Anyone here buy stocks?
- Thread starter Lazarus
- Start date
Bwahahaha
Late to the party.
I have consistently beat the S&P 500 for 30 years. It's not that hard to do.
What it requires is discipline and not reading the newspapers.
You can read the posts in this thread to see that most people don't have the patience or discipline to successfully invest in this conservative manner.
Fund managers don't surpass the S&P because they are judge by surpassing the S&P, but by HOW MUCH they surpass the S&P. Also their compensation is based on trading, not making good investments with good dividends, and letting nature take its course.
Basically, the Warren Buffet approach, which does not meet the psychological expectations of most investors.
I have consistently beat the S&P 500 for 30 years. It's not that hard to do.
What it requires is discipline and not reading the newspapers.
You can read the posts in this thread to see that most people don't have the patience or discipline to successfully invest in this conservative manner.
Fund managers don't surpass the S&P because they are judge by surpassing the S&P, but by HOW MUCH they surpass the S&P. Also their compensation is based on trading, not making good investments with good dividends, and letting nature take its course.
Basically, the Warren Buffet approach, which does not meet the psychological expectations of most investors.
I am definitely not wired for success in stock investing. When I actively managed my account, I drove myself crazy. If it went down I wanted to understand why and it made me uneasy. Even when a stock went up it made me uneasy if I couldn’t figure out a reason why. I had read a couple dozen books on investing. Didn’t matter. I kept agonizing over everything. Turns out I could be a lot more emotional than I had thought.
For some reason mutual funds in retirement accounts don’t phase me at all with their ups and downs like the active stock picking did.
Perhaps MF’s orders are too slow for impulsive traders.
No, that’s not it. Buying index funds someone manages is a lot less thinking than putting together and managing your own portfolio of stocks. I wasn’t day trading and I’m not especially impulsive.
If you like income, check out AMLP & PFF.
Both are ETF's based around dividends.
AMLP is in the Energy Sector and PFF is all Preferred Stocks.
Preferred Stock's are the new bonds.
https://www.nerdwallet.com/blog/investing/what-is-preferred-stock/
I do more with CEFs, REITs and BDCs.... Like your PFF... Have owned FPF... pays 7.9%... Also monthly...
Now stay away from Energy stuff....
