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LibDave
7 Sep 2022 4:35 pm
7 Sep 2022 4:35 pm
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337 posts
Blackvegetable » 07 Sep 2022, 4:07 pm » wrote:
Your long term returns average over 10%?

What are you in?
I keep pretty good track of it.  Done so for 28 years.  I ran the numbers about a year ago and It was between 11 and 12%.  12% isn't all that good.  I invest in what I know.  And I'm pretty good nowadays.  I wish I knew what I know now in the early years.  But I did pretty well back then too, for a rookie wannabe.  All of my investments are self-directed for the most part though I do keep some in Mutuals (those I have researched their holdings).  Some options and commodites.  Long and short, though more long (matches my genitalia Image ). On rare occasion Futures.

I don't give out advice.  The markets are time based and any advice quickly needs adjustments.  For that you really have to study economics and invest in what you know.  Advice my gramma gave me and she was right.  Important to really understand the markets and various influences, especially understand the mathematics of risk (actuarial).  That takes time, attention, more time and intuition.  Futures especially are REALLY tough until you realize the markets are sort of rigged.  But it can actually be to your advantage due to grasshoppers and giants.
 
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