Comment by Joel_Mckay
11 hours ago
The stock market is not a place most amateurs make money. In some cases Vegas would give you better odds. lol =3
11 hours ago
The stock market is not a place most amateurs make money. In some cases Vegas would give you better odds. lol =3
Unless you are talking about owning a casino, I can't think of any interpretation of what you are saying that is true. Index funds have a long history of steady growth. Las Vegas businesses make their profits off of the reliable losses of their customers.
What people say they do, and what they actually do... are very different events. =3
https://en.wikipedia.org/wiki/Sealioning
I don't like your non-genuine engagement with this conversation. You've made outrageous claims, backed up with no data, and then seemingly pre-emptively linked to a page about trolling by asking for evidence. Well I'll ask you for evidence anyways lol. And I'll also give some that points against your outrageous claims: Retail investment in the stock market is at all time highs [1], and the percentage of investment in passive indices is also at an all time high [2]. It is _possible_ that retail investors are perversely fighting the trends and increasing their investments primarily by engaging in day-trade-esque behavior, but that would surprise me. Especially given that retirement accounts strongly encourage funds. I'd love to see some data pointing definitively either way though.
[1] https://www.jpmorganchase.com/institute/all-topics/financial...
[2] https://www.morningstar.com/funds/8-charts-us-fund-flows-202...
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