Sarcasm? Me? lol! I'll admit to a pet peeve of posters saying I did this or that, after the fact.
Why doesn't anyone show me as we go along how they are going to make 20% a year?
Any young person smart enough to learn about ETFs and stop losses, and where to place that stop loss, and when to get back in, is one smart young person.
Imo, over the long term, they won't even keep up with the averages.
There are a lot of value people on SI, but other than the portfolio on your thread, which has done poorly ( I admit, short term, against a strong market ),
none willing to "show" that they are doing well, let alone 20% a year.
Again imo, a young person would do much better to learn the part of total return attributed to dividends than reading Warren Buffet.
I have two daughters, 33 and 30, with Roth IRAs invested in the market. I had required reading when they got started.
Time, dividends and compounding, but nothing about stop losses or Buffett.
To each his own, but I'd still like to see your young persons 20%. |
