Originally Posted by
mispoken
By no means am I here to pursued you to deviate from what makes you comfortable. But I’m living proof that the s&p can be out performed.
It is ESSENTIAL I compare percentages until I’m blue in the face because you must keep score. If anyone uses an advisor, I challenge you to demand their annualized rate of return versus the S&P 500. 99% chance they don’t track it and will reply with some nonsense as to why.
The traditional wisdom you mention is accurate regarding outperformance of the S&P but I ask you, compared to what? John Smith, individual investor? Or Mega Fund actively invested fund? The traditional wisdom is often comparing the S&P to the ladder. Actively managed funds charge a higher fee and therefore people demand ACTION for that fee. The ACTION the funds take is what kills their performance. My point is that you can concentrate your portfolio and do NOTHING and outperform the S&P by holding great companies, many of whom are listed on the S&P.
The argument is that the law of averages will return my peformanxe to that of the S&P, but this is why Its essential that track performance. If it ain’t working join the crowd and index, but given a 12 year collection of data I’m beginning to see the reality of out sized performance. It’s astounding what outperforming by 5-10% annualized does to a portfolio when you run hypotheticals on a calculator.
Just consider who is telling you that indexing is the only way (institutions, media) and if it’s an advisor demand their performance versus the S&P. And whatever you do, accept no less than the average, it can cost you millions in the long run!
Not sure how to attach pictures on here.
WKHS bought at $4 and change, now at $22+ with major catalyst looming.
RMG—Romeo Power (SPAC) bought at $10.50. Now ~$20.
MRNA.... yes moderna, bought at $19.36. Now $145.
DAL bought at $19, now $41. (Selling soon).
RARE bought at $42.10. Still holding at $157.
SPOT $74. Now $300+
PYPL at $89.
List goes on and on. I have just eclipsed $600,000 in my regular trading account. Not tax sheltered so that part kind of sucks. Many of the positions above I hold in Fidelity brokeragelink. I was just making a point that in many cases funds and individuals don’t beat the S&P. Meanwhile well on track to be a millionaire by 40 not including 401k. Including that I am there, which is a personal goal I am very proud of. $400k in 3.5 years is doable.
Electric vehicles and renewable energy are hot hot hot. I’d highly recommend looking into PLUG, WKHS, and RMG. As far as WKHS, Cathie Woods from ARK is a major holder and adding almost weekly. Best of luck to all of you. Sound like you know what you’re talking about for a bunch of pilots
