So, I’ve been looking over my portfolio numbers. Turns out, I’m up about 90% over the last 4.5 years, which I thought was great! But then I looked at the S&P 500, and it’s done about the same over the same period.
Are you saying your portfolio basically mirrors VOO? This is exactly what Warren Buffett and Jack Bogle talk about… Just using a few ETFs to match or even beat high-paid Wall Street folks.
Kai said:
Are you saying your portfolio basically mirrors VOO? This is exactly what Warren Buffett and Jack Bogle talk about… Just using a few ETFs to match or even beat high-paid Wall Street folks.
If you really want to feel it, calculate how much time you’ve spent thinking about trading, then work out your hourly earnings versus what you’d have made if you’d just followed the S&P.
San said:
If you really want to feel it, calculate how much time you’ve spent thinking about trading, then work out your hourly earnings versus what you’d have made if you’d just followed the S&P.
Some of us actually like this kind of torture, though.
San said:
If you really want to feel it, calculate how much time you’ve spent thinking about trading, then work out your hourly earnings versus what you’d have made if you’d just followed the S&P.
Also, try looking at your returns after taxes. If you’re actively trading, you probably have a bunch of short-term gains, and the S&P or VTI would’ve given you mostly deferred long-term gains, compounding along the way.
San said:
If you really want to feel it, calculate how much time you’ve spent thinking about trading, then work out your hourly earnings versus what you’d have made if you’d just followed the S&P.
But no one’s paying you for that time anyway, right? So it’s kind of a pointless thought. You have to put in the work to grow your money because no one’s going to do it for you.
Jo said: @Rin
Someone absolutely could pay you. It’s a choice between spending time trading or just putting it in indexes and using your time elsewhere.
No offense, but we’ll just have to disagree. Whether you’re salaried or self-employed, it takes time to build something, and that’s unpaid until you actually get clients or contracts.