Mutual Funds

[badabing]

Re: Mutual Funds

@Southie

80 pct of mutual funds underperform the us stock market. Intra day trading notwithstanding.

I hear the trading desks at Goldman Sachs Morgan Stanley etc make a lot of profit. But those profits accrue the the company, not to individual investors.

Have no idea what they trade. For long term investors, buying and holding good companies at reasonable prices shoukd work. In addition to low cost index funds.

The market is at nose bleed leveks. Only the 2000 tech bubble was pricier

Every smart investor I know started pulling their positions and placing put warrants from October last year - QE’s after effects are coming, the bubble has to pop, ya’ll better be prepared!