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One platform for global traditional assets
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Trading US stocks, only fools can make money.
The operation of pure fools is like this: buy the S&P 500, buy Apple, Google, Microsoft, hold on, don't look, open the account after five years.
As a result, it completely outperforms 90% of actively managed funds.
The way smart people die is very uniform: valuations are too high now, wait for a pullback to buy.
Thinking the S&P 3000 points is expensive, wait for it to fall.
But it ends up rising to 5800.
The more you understand, the more judgment you have, the harder it is to resist doing something.
Doing something means losing.
I've seen too many of these smart people, including my past self.