[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 132 KB, 1080x971, 1660696450980342.jpg [View same] [iqdb] [saucenao] [google]
51335245 No.51335245 [Reply] [Original]

> "Time in the market" is in fact a gigantic psyop by the whales (think Graham Stephan on YouTube) to prevent retail amateurs from reaching their league. Time in the market is what creates bagholders, as "time in the market beats timing the market" is a gigantic cope for those who bought the top but they don't want to admit they made a bad investment. An unrealized loss is in fact still a loss on their net worth. While the coping top buyers continue to baghold with delusions of a grand finale that'll supposedly make them rich, they're missing all kinds of opportunities passing them by that would've gotten them their money back (if they bought luna classic a few weeks ago, they likely would've made back all of their bitcoin or other altcoin losses by now).

You see now? "Time in the market" is just a psyop by the whales to make amateur investers cope, so that the whales can sneak behind the scenes and time the market and continue to make a shitload of money off of suckers.

Also beware of the DCA meme advice as well, as I fell for that meme myself and got royally rekt by papa powell and Ukraine fud earlier this year.

>> No.51335281

>>51335245
Yep. the stock market has always been a ponzi by definition.

>> No.51335317
File: 73 KB, 1024x768, 1640643497175.jpg [View same] [iqdb] [saucenao] [google]
51335317

Graham just doesn't know what he's talking about. He got successful from real estate, and transitioning real estate to YouTube finance. The guy doesn't actually understand market movements, so he goes with the boomer Boglehead advice.

>> No.51335336

>>51335245
kys

>> No.51337123

>>51335245
This rule applies to stable companies / major indices. Gambling has only single rule - house always wins. Just DCA into corporations for dividends and change your horizon to few dacades. You will most likely be much more succesful than if you "actively managed" your portfolio, which translates to having weekly 10% losses due to bad trades.

>> No.51337334

>>51337123
So VOO is no good?

>> No.51337384

>>51337334
Not sure why? Vanguard and iShares have some good ETFs to choose from that provide a good entrypoint into markets that you don't understand yourself.

>> No.51337402

>>51335245
I completely agree with this. Just look at big investment banks and what do they do? All they do is time the markets. All those traders they employ don't just buy and hold. If that was the case, their prop desk would be tiny because all they would need would be one guy to just buy a trillion dollars worth of spy and then go home. And what do all those quants and algorithms do? You don't need an algorithm to guy the wilshire 5000. You only need an algorithm to time the markets.

>> No.51337431

>>51337384
Did you not just state major indices are no good? Or did I misunderstand your post? Also aren't dividends a meme?

>> No.51337454

>>51337431
Oh it might be a misunderstanding. By "this rule" I meant "time in the market beats timing the market". Just DCA in stable stuff and over time you're more likely to succeed compared to gambling / trading.

>> No.51337476

>>51337402
>big investment banks
Would it be prudent to assume that these powerful entities have access to insider information, which enables them to better time the markets? Also, was it not proven that simply holding SPY/VOO would yield better results than active trading?