No. of Recommendations: 1
Joel,
Wow - I have seen your posts in the past, but some of these seem to be classics.

I'm paraphrasing your quotes -

"It's easy to beat the S&P 500"
Then why are you struggling to beat the Russell 2000? Why not just play the S&P?

"Professional money managers are stupid"
"I don't deal with them anymore"
Yet you go on to tell us how you 'trade' mutual funds with Fidelity in your wife's account. I'd consider Fidelity funds to be professionally managed - perhaps you meant this as a slap against Fidelity, but I doubt that is the case.

"Timing services don't do well if there is no trend"
The month of November seems to me to have had a pretty good trend - up! I've always been curious of the value in recognizing something after it has already happened? I suppose I'd rather buy something before it has appreciated, and sell it before it has depreciated...based on fundamentals of course...call me silly!

And finally, just simply the concept of trading mutual funds.
As much as I disagree with market timing/etc, I'll be open minded enough to consider that there may be times that it is a successful strategy. But trading mutual funds? Using an instrument that is designed to limit volatility, for an act that needs volatility?
Wow!






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