Easiest to miss is usac’s point on the difference fees make. It’s a lot more than you’d think.
Something like 80% of professional fund managers fail to beat the market and also charge more than a simple tracker.
So a simple tracker with low fees is a decent starting point. Not many end up doing better than that.
Day trading is for the birds. Very clever people with very powerful software and 100h working weeks usually don’t do very well at it. Equities are long term things.
Never sign up for “our clever system to beat the market/make a fortune from forex/crypto/etc”.
If something seems too good to be true then it is.
Posted By: Old Man, Nov 17, 18:32:32
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