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Re: Anybody investing in the stock market right no
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Originally Posted by CAD/JPY
Dude, your crazy if you think a good investor can average 30% a year! A high risk investor can do it, but not a good investor.... imagine trading that way when you were two years from retirement?
Everyone who is interested in stock trading, etc. must read the book "Juggling with Dynamite". It will teach you a lot.
For those of you who have 401k's and manage them yourself, I would simply say that the best play right now is to buy the indexes. Buy the S&P, DOW, and NASDAQ. That will give you long exposure to the market, and you don't have to worry about being right with the stock picking. You can limit your exposure with exit points, I will leave that up to your risk strategy, but I suggest you write them down in a journal prior to putting on the trade.
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See, this sounds like so much gobbeldy gook to me.
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Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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