Anybody investing in the stock market right now?

[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.

[ILG]

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.

See, this sounds like so much gobbeldy gook to me.

[StillStanding]

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.

Warran Buffet has averaged 30%! Of course, he is superman when it comes to investing!

I'm convince that one can average over 20% and maybe 30%+ using index options. This strategy can actually be safer than buying and selling stock! I know people who have done it successfully for several years with a business plan that takes emotion out of the equation.

I agree with buying indexes like SPY as an investment which is better than a mutual fund!

[CAD/JPY]

Originally Posted by Mr. Steinway

Warran Buffet has averaged 30%! Of course, he is superman when it comes to investing!

I'm convince that one can average over 20% and maybe 30%+ using index options. This strategy can actually be safer than buying and selling stock! I know people who have done it successfully for several years with a business plan that takes emotion out of the equation.

I won't dispute you can do that with options. Sure, no problem. You have the advantage of leverage. Spreads, straddles, Kondors, etc also can let you hedge your plays. Or go delta neutral and sell theta.

BUT the average investor can't do this in their 401K.....

[StillStanding]

Originally Posted by CAD/JPY

I won't dispute you can do that with options. Sure, no problem. You have the advantage of leverage. Spreads, straddles, Kondors, etc also can let you hedge your plays. Or go delta neutral and sell theta.

BUT the average investor can't do this in their 401K.....

You're correct! Very few 401Ks allow option trading, but you can open a personal IRA and do it!

Option trading takes a lot of study leaning the greeks and how they work. I'm getting close to getting a grasp. I plan to jump in on March 1st!