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[quote=Anonymous][quote=Anonymous]PP seems either insane, trolling, or misinformed.

if you invest in an index fund, your returns are generally going to mirror the market, less fees. you can easily find an index fund with miniscule fees (0.05% at Vanguard).  it's safe to say 90% of investors who either try to pick hot stocks or just pick a "basket" of blue chips, as PP seems to advocate, WILL NOT BEAT THE MARKET.

it is foolish to do anything except invest in index funds, period. you have very, very little chance of beating the market, and you will waste lots of time and energy trying. with an index fund, you can park your money there and forget about it. [/quote]

Geez, this is pure nonsense! But I have just as much stamina as you my friend!

Opportunities present themselves constantly in the stock market, but you need to be involved to recognize them when they make themselves apparent. During the past two months I've posted three different ideas that have had gains of 50-75% in less than 90 days. I saw them and I shared them. It's unlikely anyone one acted on them, but I did my good deed.

Vanguard mutual funds will help you avoid poverty but they'll never make you independently wealthy. If your goal is to be a life-long worker bee with a little extra cash to supplement dovish security in retirement by all means be a vanguard customer. But if you want to be an independently wealthy one-percenter who can provide for financial security for yourself and your decendents you'll need to be a really market investor.

Never allow anyone else manage your money!  No one else cares more about your money and your family than you do yourself. [/quote]

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