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Barnaclebob

07/25/14 12:32 PM

#42953 RE: GMONEY4 #42952

well if you can make a pittance every day or even good money every other week or so you are doing pretty good but you can't spread 500k around 250 - 500 penny stocks and expect to beat index funds.

The YTD returns on my mutal funds are just shy of 30k on 450k and that doesn't include my 401k. I'd rather have a relatively "low" return on a lot of money than a big return on a few grand.

With ATTD you can make a few bucks if you get lucky but you have to duplicate that performance dozens of times which I admit I cannot do and I don't believe many others can do on a consistent basis.

Most people I know that trade seem to forget about their losers and only talk about the winners...