Quote:
Originally Posted by Justfishin73
I couldn't disagree more. I play the market swings, and have for 25 years, averaging around 30% return. If you don't know what you are doing, then yes,don't bother. I do know what I'm doing, and do well. Got very lucky getting in Aurora early and cashed out about 2 years ago. Got a 5x return in TFSA (no taxes for you turdoe!!!), then diversified into different funds, 32% last year. If you pay attention and know your stuff, can be very profitable.
I'll be back in when the DOW hits 24,000. Until then, it is about preserving capital, not looking for swings.
|
If you have averaged 30% over the last 25 years, what the hell are you doing hanging around the AO forum ! You should be chasing Marlin on your yacht somewhere, I am not sure where the hotspot is in February.