Quote:
Originally Posted by brownie
Just wondering if 80% is possible,there has to be a catch,I didnt get into it with him because i figured he was full of it.Just seems too goo to be true.How come everyone isnt doing it then??
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Well the 80% is possible, but unlikely. Certainly not a guaranteed or long-term rate of return. (one year you might get 80, but if you lose the same 80 the following year then you're behind!).
I agree with your last line...if its that easy then why isn't everyone doing it? Its because its not that easy....not even a majority of fund managers beat the index every year, and they definitely should know what they are doing!