Investing is the only place a dumb person can outperform a smart person over time.
The dumb person just has to put money in consistently (DCA) and then remember about it when they retire.
The smart person thinks they can trade their way in and out, buy low and sell high. They can think they can time it perfectly. They’ll study the business and other economic cycles and indicators are on my side. ISM, PMI, VIX, MOVE, ALPHA, BETA, DELTA, GAMMA…
Truth is, after spending countless hours watching charts, reading 10K’s, spending a fortune on Bloomberg and indicators/signal subscriptions, fees to get in and out of positions, and capital gains tax, they will likely underperform the S&P 500 and the “dumb” guy just putting money in and not worrying about the ebbs and flows of the market.
Invest like a dumb person but in the smart assets.
Good options are S&P 500 and Nasdaq index funds and Bitcoin (keep it simple and go with the low fee ETF’s).
Your future self will thank you.
My humble suggestion to folks, keep it simple. Remove the stress and outperform most pros. Not financial advice.
#nfa #grownostr #investing #bitcoin #btc