Here’s an excerpt from the latest edition of Investing in Your 20s and 30s for Dummies, by Eric Tyson, the author of 18 different personal finance books.
Last week I wrote about how amateur stock picks and even random stock picks have outperformed expert stock picks since January 2012. It is one of the reasons I don't trust the stock market. I realize this is not a popular opinion. Talk to any financial advisor or even your parents or grand parents, and they will tell you that
I used to love the stock market. I loved to research companies and pick new stocks to invest in. I created an entire ETF portfolio for my fiancee's Roth IRA. I even did some very risky options trading. I don't do any of that now. My fiancee and I both cashed out our Roth IRAs for the purchase of our
At the beginning of the year I decided to do a stock market experiment to see if randomly picking stocks is better or worse than expert picks. And to make it more interesting, I added a few more "funds" like a collection of stocks picked by personal finance bloggers, some I personally picked for Tag, and more. Now that it's
At the beginning of this year I decided to start a little experiment with the stock market. I wanted to see how well some financial experts and the S&P 500 did against the stock picks of complete amateurs, as well as some very risky (or even random) stock choices. I'm tracking nine different "indexes" and if you're really curious to
I've been investing in the stock market for over four years now, and at times it's been downright ugly. The only investing strategy that makes sense to me is buy and hold. Short term investing, even for just one year, seems like a complete crap shoot to me. photo credit: flickr.com/epicharmus/ And since I'm not someone who likes