In last 365 days , my portfolio is up by 15 pct . On other hand , s&p is up by 14, Dow is up by 19.5 and nasdaq by 21 pct. Should I stop fooling myself that it’s better to invest by self. I think I learnt a lot by playing around with my money but in the end, I should be able to earn more. Otherwise no use . Portfolio is around 200k
Diversified portfolio can be lower than just looking at nasdaq pct, but you are hedging risk too.
Buying a soup of shit stock doesn't reduce your risks but significantly reduces growth potential.
tl;dr don't buy Uber post-IPO
I’m up 175% last 365 days. Yes, it is possible. It is hard and time consuming and emotional though. And sometimes you just get lucky/unlucky. If you don’t want to put in the time stick with diversified index funds
Congrats on that much growth. I don’t mind spending time, I actually like it but in the end, goal is to make money not just liking it
Holdings or GTFO
I'm at 25%. Most in $MU. Would have been much higher if I hadn't invested in some shit stocks
😂 if you’re satisfied with just 5% just buy Costco stock. The dividend alone is enough.
What shit do you invest in? Apparently not FAANG.
Facebook didn’t do so well this year.
Yet has grown at least 25%
16.8% over last year
Did 10 percent in May. Up 10 percent in June so far. Got few rotten apples, which I think will recover in next couple of sessions.
I bought some IQ, Huya and Bilibili on wednesday. Sold All today. Kept some bilibili. Iq sold at 8 percent profit. Huya at 15%. Bili at 16%. So, one can get lucky. But, one can get unlucky in a hurry too.
You have to factor in risk. Beating the market by a small amount by taking on more risk (less diversification) isn’t always a win.
“Beating the market” is always a win. “Trying” to beat the market with increased risk isn’t always a win.
I should be more clear, achieving a rate of return slightly higher than the market (say 1%) by taking on much more risk (say putting all of your money in only two stocks) would probably be considered a lower risk adjusted return by most people familiar with investing.
You should be honest with yourself - did you lose to the market because you got unlucky or because you made mistakes? For example, I made 50% in a month on a Tesla short because of the car crash they had, but my reason for taking the short was financials, so I'm not misleading myself to believing I made that profit smartly.
Put in index funds
How did your index fund perform?
About 20-21% same as nasdaq/ Dow jones