/biz/ - Business & Finance

>>23232142
>>23232043
Totally disagree with that. As amateur investors on /biz/, you are not going to outsmart institutional investors and professional traders. They have a huge information edge over you. There has to be a winner and a loser on opposing sides of each trade, and the loser is likely the individual getting his info from seeking alpha or a stock tip from a friend. This is how the pros make money, by exploiting the trades of low information individuals (and through fees charged to their clients). With the rise of index funds, there are less suckers to take advantage of, so the competition for alpha is even more cutthroat. With a diversified, low fee portfolio you capture the real gains of the overall economy. Gambling on individual stocks is just speculation at the casino. Spoiler alert: the house will take your money unless you are the house (the market).