Quote:
Originally Posted by Peter_Spaeth
The research I have seen suggests that over the long haul, you can't really even time approximately and beat the market. Look at all the countless professionals out there trying to do it. Over a long period of time, most of them do not beat the indices. Unless they have insider information.
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You absolutely can, and it is not hard. Most don't, because most people are putting money in when things look all sunny and happy because they follow the narrative of the moment. Many people then panic at the next downturn, and sell.
It takes about 30 seconds to determine if the market is generally high or generally low. We know in real time if things are generally speaking good or bad in the stock market. We know it's low right now. If you buy a diversity of blue chips and/or into properly managed index funds (which are not difficult to identify, less than 20 minutes of research) when it's low and hold, it is incredibly difficult to lose over the long run.
It does not take me to partake in insider trading to do this. It takes a little patience and common sense, no more. It barely takes any of one's time even.