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comment Is it true that 90% of investors lose their money?
@Joe S&P returns neither prove nor disprove anything. All you need is for new money to flow in to keep the game going. You need new buyers who expect market to grow by X% and willing to sit on it until they get what they expect. It is a self fulfilling prophecy at best, that is a fact, until it is not.
Mar
24
comment Is it true that 90% of investors lose their money?
this one even better thefinancebuff.com/… did anyone find details on how exactly they compiled the data?
Mar
24
comment Is it true that 90% of investors lose their money?
@Joe is this the one? investorsinsight.com/blogs/forecasts_trends/archive/2009/11/03/…
Mar
24
comment Is it true that 90% of investors lose their money?
@littleadv thanks for a good example! However, let's not put dividends in there. I view dividends as a marketing tool to attract investors looking for income. Companies can lower/raise/remove them at any point... and they do. Buybacks fall into same bucket. If you don't count this stuff would it be a zero-sum game?
Mar
24
comment Is it true that 90% of investors lose their money?
@JoeTaxpayer How long is sufficiently long? 10 years? Growth over time is just your opinion, not a fact. When you buy stock or fund there is somebody on the other side who doesn't believe in your ideas. Unless company pays dividends and buys back shares I don't see any relation between value creation and stock price. It is zero-sum.
Mar
24
comment Is it true that 90% of investors lose their money?
@littleadv care to explain how my argument proves that the game is anything but zero-sum? Poker is another zero-sum game that relies on a constant flow of new money to keep going.
Mar
23
comment Is it true that 90% of investors lose their money?
How is MSFT not producing monetary value? 72B revenue, 35% margin. Doesn't sound like RedCross. It is all about expectations driven by lies, hype, fundamentals, technicals... Pick your poison
Mar
23
revised Is it true that 90% of investors lose their money?
added 219 characters in body
Mar
23
comment Is it true that 90% of investors lose their money?
I am not totally with you on zero-sum and fair price. Where did the buyer of your S&P @ 1400 get the money from? What if next year S&P is @800? Where did all labor go? Microsoft stock has been at @30 for more than a decade. Would you say that they did not create any value during this period?
Mar
23
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Mar
23
comment Is it true that 90% of investors lose their money?
I changed subj to "lose money" to make it more specific. But, I would be fine with any research into this topic at all... For example research into claim that 99% under perform broad market
Mar
23
revised Is it true that 90% of investors lose their money?
edited title
Mar
23
comment Is it true that 90% of investors lose their money?
@Chad: Google "90% investors lose their money"
Mar
23
asked Is it true that 90% of investors lose their money?