Trading

No One Can Beat the Market

By on
no one can beat the market a maxim of wall street

Despite what many people will say, particularly folks in the index fund industry like Vanguard founder John Bogle, a do ­it ­yourself investor or money manager can beat the market, even over long periods of time. The problem is that beating the market is so difficult that most people shouldn’t try. It’s true that for long­term investment advice, you could do a lot worse than to park your money in a low­cost Vanguard index fund and not think about it more than once a quarter. But some mutual fund managers have proven that superior performance can be bought or mimicked.

Tags: 

Which Markets to Trade

By on
which markets to trade

Many people give little thought to life’s important decisions. They stumble into them by accidents of geography, time, or chance. Where to live, where to work, what markets to trade—many of us decide on a whim, without much serious thought. No wonder so many are dissatisfied with their lives. You can choose your markets on a whim or pause to think whether to trade stocks, futures, or options. Each of those has pluses as well as minuses.

Tags: 

Invest Trade or Gamble?

By on
if you are guessing you are gambling

A newcomer to the market faces three paths that lead into a forest full of treasures and dangers.

The first path, for investors, goes through the sunniest areas. Most of those who take it come out alive, if not much richer. Another path, for traders, leads into the heart of the forest. Many travelers disappear, but those who come out look rich. The third is a shortcut that takes gamblers into the swamp.

Tags: