Buy anywhere it matters not, all time highs coming up next week after FOMC spikes the punch bowl. So easy making free money. Any drop is met with breaking news, NVDA says demand is out of this world.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
yet somehow... for some ungodly reason.. all the ET permabears for literally almost 2 decades now on this thread keep shorting the market and giving me all their money hahahaha
I love 100% up room to go with ZERO risk free money buying SPX $$$$
KafrigginChingo baby $$$$
Bring me your finest meats and cheeses $$$$
CRUSH the shorts $$$
It appears the Free Money Train to the Land of Hopes and Dreams is affecting the performance of others.
If markets are less efficient it means it is easier to make money for traders.
There has been an explosion in dumb money retail traders using Robin Hood..
That should equate to more easy money available to smart traders who have a strategy thats get in relatively early and gets out while the dumb money and index funds are still buying late to the party.
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If you read Bogle's books, he did extensive research from when there were no index funds and his conclusion was very few fund managers ever beat the S&P 500 long term.
I think over 30 years there were like <1% managers that beat the index so I am dubious of a new regime where there is crazy dispersion everywhere so that a few smart managers can keep beating the indices.
Smart managers will always beat the index but there is simply not that many of them. After Buffet's death will Berkshire keep beating the indices? I doubt it.
I mean how many people would have predicted the rise of nVidia or that Utilities would outperform the QQQ? Fund Managers on bubblevision are always babbling about dispersion but I doubt many of them can actually beat the indices for 5, 10 or 20 years.
I think over 30 years there were like <1% managers that beat the index so I am dubious of a new regime where there is crazy dispersion everywhere so that a few smart managers can keep beating the indices.
Smart managers will always beat the index but there is simply not that many of them. After Buffet's death will Berkshire keep beating the indices? I doubt it.
I mean how many people would have predicted the rise of nVidia or that Utilities would outperform the QQQ? Fund Managers on bubblevision are always babbling about dispersion but I doubt many of them can actually beat the indices for 5, 10 or 20 years.
Nah, it's already known and this will go up no matter what. I can pretty much guarantee that the month of September will see QQQ close somewhere between 480-485 with new ATH coming again in October. There is never any risk in a market that will V everything.A lot is riding on the Fed. They can go any side.
The Free Money Train ... primarily travels along the 12 month simple moving average SPY track. Boarding and departing it is a lot easier than constructing a portfolio that tries to outperform the S&P.
A visual:
It's such a nice easy system of harvesting chunks of returns.
This was for the newbies and the haters of index funds.
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