Invest
By The Time You “Realise” You Can Or Cannot Beat The Index, It’s Too Late?
By My 15 Hour Work Week  •  January 10, 2017

I have an investment record of about 5-6 years.

For someone who is 30 years young, that’s considered pretty long. But to most “investors” out there, it’s too short a period to judge whether I am a good investor. Some of them would say you need to have at least 10 years of track record or go through at least a cycle or two of bulls and bears.

It’s then when you can judge if you really outperformed the market and should continue to manage your own portfolio rather than outsource to an ETF that tracks an index.

However, I feel such views could prove disastrous for a new investor.

Suppose he starts investing at 30 and pump $20,000 every year into specific stocks and this is his performance over the ten years.

Basically, at Year 4, he would be ahead of the index and that could give misguided confidence to that new and ...

...
Read the full article
By My 15 Hour Work Week
Hi, I am Thomas (a.k.a. Mr 15HWW) and I am in my early thirties. Very happily married (very strong emphasis here), I am the co-writer behind this blog. The other permanent writer is my wife Jasmine who has written two blog post so far (good luck searching for it here). But well, her contribution goes far and deep since she thinks she is actually the mastermind behind the rest of the other post ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance