One of the reasons I feel so passionate about empowering people to invest is because of the advantage you have over institutional, or professional investors. You and I don’t have high-speed networks, don’t pay for research, and certainly don’t have insider information. There are people on Wall Street whose job is to analyze and predict how much money a company will make next year. The stock market is a zero-sum game (one person’s victory is at the expense of someone else), which puts us competing against people who have those edges. It may seem like the odds are stacked against you but the reality is, we as individual investors have the biggest edge of all; time.
You make such a great point about the power of time. Wasn’t sure where you were going with “we have one advantage over wall st” - never realized the enormous benefit not having to meet yearly return targets offers. Great post.
You make such a great point about the power of time. Wasn’t sure where you were going with “we have one advantage over wall st” - never realized the enormous benefit not having to meet yearly return targets offers. Great post.