Thats always the mentality when it comes to market, you get this feeling of a constant uptrend because the markets only know one way, until they break and you think well this is a buying opportunity only to get sucked into the next 17% sell off....this is not going to be an ongoing rally where the market only trades higher continuously for the next 12 months. There are going to be huge buying opportunities along the way meaning a drop below SPX 1200 will show up once again. Why chase a market when everyone knows there is always a major sell off to get back in.
Bull markets don't give easy entry. Kinda like a girl that's worth it that way (or at least that you hope is worth it).
"other individual" is the hottest character in this forum now, may be we should be idiot and always wrong to become famous? Previously we have increasenow, but increasenow is no where near to compare to this small bicycle
They still not so smart, when all the buying spree fade eventually (all money go into market and no one leave behind), the market will again go down and this eventually hit their stop, and they then sell again for a loss. They just part of the herd that been paid to play on other people money, which different them from retails traders.The only reason they are making millions is because of the fees, not because of their performance. Same old story
Clearly they are doing something right if people are paying them million's in fees. So they make millions without having to be right. Who's actually smart here?
It must be those dumb investors investing in those dumb fund managers. Who cares if you beat the annualized return of the S&P by 3% per annum, right? Not like us traders. Trading around testing ideas and strategies to see which of us can brag about the next double, triple, quintuple, or ten bagging 900% year. Not like their aren't some managers that have done it, and set records, but we usually know what happens after those returns hit and what any rational investor would be doing if they really booked gains that high. Think the world record is 2,200+% in an NSCC registered mutual fund.
mate, you mixing smart with command economy. these jobs add no value and are created by law to extract money from retirement savings for new generation to spend and indebt. Retirees pay for it. Like buying tecnology high and sell low. whay these particular individuals were chosen to fill positions ? Probably connections. Inteligence is not on tick list. every bubble is about that :eek: