Global Feed Post Login
Replying to Avatar replete sumo

Looking back at my investing track record. I'm a below average investor.

I suck at timing.

I suck at position sizing.

I suck at handling emotions.

The only thing that's worked for me is making fewer decisions. My most profitable decisions have been boring and obvious ones that I stuck to for years.

Eg: DCA into the sp500 for a decade.

Staying humble and stacking sats(via DCA) feels like the right decision for me and other before average investors.

cc: nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

Avatar
sowack 1y ago

Consistency is the key

Reply to this note

Please Login to reply.

Discussion

Avatar
replete sumo 1y ago

It's unfairly effective when it can be automated. You make one decision to DCA and then you are done. You stay consistent by default. In fact you must go out of your way to stop being consistent.

Thread collapsed