Quote:
Originally Posted by WierdNick
If everybody win money then who loose?
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the ones who bail out when the market is down loses.
majority of investors are such, whether is novice or professional. All scared shitless then times are bad.
investing really tests your character more than many other things in life.
When u invest in funds, be careful about fees. Fees can eat a lot of your returns over many years.
I dont go for mutual funds anymore as fees dont justify their performance. nowadays i DIY. Most fund holdings actually mimic stock index like >80%. 90% of fund managers dont have any skill and perform badly against stock index.
Fund managers basically bluff money one. And most fund managers become fund managers not because they're good, but because of their connections (or parents' connections).
