Comment by 1a527dd5
2 months ago
Time.
That has been the best way to get returns.
I setup a 212 account when I was looking to buy our first house. I bought in small tiny chunks of industry where I was comfortable and knowledgeable in. Over the years I worked up a nice portfolio.
Anyway, long story short. I forgot about the account, we moved in, got a dog, had children.
And then I logged in for the first time in ages, and to my shock. My returns were at 110%. I've done nothing. It's bizarre and perplexing.
…did you beat the market? 110% is pretty much what the nasdaq has done over the last 5 years
Also N=1
time in the market beats timing the market -> Kenneth Fisher ... i learned it the hard way ;)
Yeah, uh, all I did was buy BRK.B like a decade ago and it's up 172% or something like that.
The only way I have seen people outperform is by having insider information.