Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Hardly B. Solipsist who wrote (13871)	1/28/2000 11:03:00 PM
From: uu	Read Replies (1) \| Respond to of 14631

Hardely: Someone once told me a long time ago: traders make pennies, while investors make dollars! Regards,

To: Hardly B. Solipsist who wrote (13871)	1/29/2000 9:44:00 AM
From: Casaubon	Read Replies (2) \| Respond to of 14631

it doesn't quite answer my question (and maybe it's impossible to know the answer). My question is, do you feel that this study will let you get a better return than something like an index fund? If not, what advantage do you feel that it has over an index fund? In the melt down of 98, my 401K took a big hit, which is really what got me started on the road to making my own decisions. The index funds will unwind their profits quickly , should anything go wrong. I avoid stocks in index funds. In fact, I focus on stocks which are somewhat unknown. They are easier to read, in my opinion (because they are less emotional and probably less manipulated). If you use the value line index as your broader measure of success, than yes, I am beating the indexes. If you use certain hyped indexes, than no, I am not beating them. Really only time will tell now. Since getting back into the market (albeit with only a fraction of my investment capital), I have been beating my historical average (luck? again, time will tell). I am also beating many funds (with my invested portion), although I need to ramp up the fraction of invested dollars in my portfolio. I don't find it necessary to day trade. I don't really enjoy trading and I don't like feeding the brokerage houses. I am more of an investor (possibly William O'Niell style but with different entry and exit criteria). I feel I understand the market better, as well as individual stock moves. There is no way for me to say if I am actually doing things right or getting more lucky, other than the test of time. So far, I like the results.