I'm not a fan of managed mutual funds as well, that's bs

I’m looking at VTI and VXUS, after looking into lazy portfolios by bogle heads.

Yeah

tfm claims, there are good fund managers out there,
but on the other hand there are statistics, that most of them don't even outperform the index

I think he said that because he works in finance or is following Dave Ramsey’s mindset. I love Dave ramsey for getting out of debt but he’s totally wrong about mortgages, ETFs and mutual funds.

@conker I have under $1m so I really doubt the good investors will take my moneys

then I did read a book from john bogle advocating for etfs (ok, he is a friend of warren buffet, and who would have thought, he ofc has a etf comapany :P)

I think most guys here are far below $1m ;)
especially the younger ones

Side question: As single men... what insurance do we all need? Medical, dental, vision, renter/home, auto and umbrella (once we are worth $1m)?

@conker yes! That’s the guy I’m reading a lot about.

so anyway, I'm probably ok with etfs, although I have some reservations buying shit stocks (i.e. the last years there were banks, etc in there) - so I don't really want this index etf strategy

the next interesting thing was this sector / cycle investing strategy, which actually looked very interesting

Isn’t the argument that the CSRP index self cleanses?

Which is what most vanguard indices are based off...

I think.

The only other trading that interests me is options lol. Which is day trading basically.

All other money will go into my business(Ed).

you don't need to daytrade options

I don’t.

you can also hold them for longer

It just seems interesting.

I rather work on my craft though.

I know a quite nice german channel, that guy sounds pretty reasonable

he seems to have some option trading scheme

The sector cycle investing strategy - isn’t that the traditional philosophy?

Link in DM?

idk what the CSRP means ...

yeah, maybe, we should move to DM

Traditional is trading on fundementals, which no longer matter until they abruptly do.

everyone else who wants to talk to about that stuff, just DM m eor so ...

yeah, exactly, it looks like fundamental data matters 4 times a year on the Q earnings, and that's it
the rest is speculation

So what are the cons of passive ETF/index fund investing?

and yeah, sometimes the madness goes even beyond the earnings ...

Clown world equity market? Your company is diving in revenue? Production dropping? Fed will bail you out and everyone is a winner except the dollar. <:clownpepe:564530802667290625>

xD

indeed

The CSRP is the total market index.

there is also this thing which holds me back from investing for the moment, that I was really unsure of looming crashes

@Deleted User the cons against index fund investing are imho, that you have also a lot of bad performing shit in the general index
i.e. the banks were quite a disaster the recent years, especially in germany

Yeah all sanity says this is the peak. If I had money I wouldn't get in right now. Personally I'm waiting for property prices to pull back since I'm looking to get land.

so that sector cycle strategy sounds more reasonable