”a strange game. the only winning move is not to play.”
i am an orphan widower. i got what i wanted from the market and sold off/out last month. no need for a legacy. the dog and i are retiring with a large nest egg of cash and SS to 100 acres. will have more than enuf that inflation is not a concern and my remaining life span[ of a may fly] will see me thru. the dog and any $ left will be in good hands. enjoy your time and worries, you youngsters…
Of course not. Buffett doubled it over a long span. Are there any others over 40yrs. If so you would have heard of them. Bill Miller and Lynch did well over 15yr periods and then Miller’s fund imploded and Lynch retired and you don’t hear Magellan Fund ever mentioned
”a strange game. the only winning move is not to play.”
i am an orphan widower. i got what i wanted from the market and
sold off/out last month. no need for a legacy. the dog and i are
retiring with a large nest egg of cash and SS to 100 acres. will have more than enuf that inflation is not a concern and my remaining life span[ of a may fly] will see me thru. the dog and any $ left will be in good hands. enjoy your time and worries, you youngsters…
You can get lucky.
It is possible to beat the market over the long term (10 and 15 years.) You just have to find the right investments.
Consistently? Very very unlikely.
Agreed, very unlikely and some luck involved…10yr: 24.60% 15yr: 21.42%. (S&P500 10yr: 12.20% 15yr: 12.34%)
Of course not. Buffett doubled it over a long span. Are there any others over 40yrs. If so you would have heard of them. Bill Miller and Lynch did well over 15yr periods and then Miller’s fund imploded and Lynch retired and you don’t hear Magellan Fund ever mentioned