I've heard that a lot. Put it on S&P 500. No hedge fund will be able to beat that.
Consider the fact that S&P 500 is made up of 500 companies, there will be a top 100 and a bottom 400. There are some sectors that grow better than others. e.g For the past couple of years the entire Tech sector has done phenomenally well.
I like picking stocks, learning about companies, their products, competition, reading financial statements, P/E ratios and speculating. Its fun!
It does feel like a gamble at times so I do a 50%/50% split. Half goes to a wide index, and the other 50% is split into smaller chunks that goes to stocks I have picked after a lot of reading and thought.
For the past 3 years I've beat the market but 3 years is a very small sample so I may as well very much lying to myself. In anycase I enjoy it.
Individual stocks, to me, is like gambling. With enough knowledge and foresight and luck you can really make a pretty penny.
I like the idea of also investing in funds. AI and professionals are already watching and picking these for you; it feels like investing as well, may have lower returns but typically much safer.
A mix of both seems very healthy and what a lot of able-bodies are doing right now.
Consider the fact that S&P 500 is made up of 500 companies, there will be a top 100 and a bottom 400. There are some sectors that grow better than others. e.g For the past couple of years the entire Tech sector has done phenomenally well.
I like picking stocks, learning about companies, their products, competition, reading financial statements, P/E ratios and speculating. Its fun!
It does feel like a gamble at times so I do a 50%/50% split. Half goes to a wide index, and the other 50% is split into smaller chunks that goes to stocks I have picked after a lot of reading and thought.
For the past 3 years I've beat the market but 3 years is a very small sample so I may as well very much lying to myself. In anycase I enjoy it.