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J Hutt
The Plain Bagel
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Comments by "J Hutt" (@jhutt8002) on "What Return Should Investors Reasonably Expect?" video.
@ctw10wilso Personally. I'd say because it's fun. If I can beat inflation by trading that's just a bonus. Not to mention accually making money
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@Fractal_32 You have to pay them anyway. Sure if you trust economy continue to increase, or happen to pick right stocks for long term, you can increase profits while holding. But if you sell, you have to pay them anyway at that point. For instance, it would have been better to sell earlier this year, and buy later back even if it means you have to pay taxes. On the other hand, I couldn't afford to invest same amount of money long term I trade with. So that makes opposite effect to taxes.
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You know what's funny, I've focused on trying to pick safe stocks to keep longer, and couple growth stocks, I expected to start doing well in the future, but then their price has risen too high and I've sold them because I thught they we're too expensive. Then I had to buy them again, because they didn't seem too expensive later on. Then they've risen again etc... So I've essentially made 80% profit within a year by trying to play safe :D And they say picking stocks is risky...
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@TheyHateMeCuzTheyAteMe Fine. I failed to sell in may waiting for a rebound. Then started buying back too early. Lost 30 % in 2022. Now I've got 17 % back up in january trading the upward trend. Currently have what I think very nice set to go through earnings. And probably sell most off come march keeping only the couple long term ones I've been sitting on.
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