
10-08-2012, 08:07 PM
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Join Date: Oct 2011
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Quote:
Originally Posted by l2ridehd
TF, if you want to understand and manage your own investments, you should. It is very doable. However the 10 to 15% reply is someone who beats 95% of the professionals. 85% of all professional investors, mutual fund managers, stock brokers, and wealth mangers DO NOT beat the market. About 15% do. And over time (20 to 30 years) NONE do. And anyone who tries to tell you different is a scammer. Even Peter Lynch, one of the best ever, gave up after about 12 years and admitted he could not beat the markets.
Go to www.boogleheads.org and read. Read the wiki's there, read books by Bernstein, Ferri, and Swedroe. Then when you understand market dynamics, beta and asset allocation you may want to manage your own investments. If you want help, I will help you for free. If you have questions after this reading assignment, I will answer any questions, guide you to the right places, and help any way you need.
With higher possible rewards always comes more risk. Let me know how I can help you.
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Thank you l2ridehd. I attempted to send you a Private message, I have been a "Boglehead" for many years.
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Hutch
Last edited by TF Hutch; 10-08-2012 at 08:46 PM.
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