Quote (SBD @ Jan 26 2024 12:31pm)
Almost all data is against you. Obviously, anyone can outpace the market, but statistically you are unlikely to beat it over a long time horizon.
This is easily the most common, beat to death topic around investing, also if you invest in say the S&P 500, there's already criteria weeding out many of the losers since they would not be eligible to even be in the S&P500 to begin with.
Thats kind of what I mean though. Vfv is less diversified than veqt yet the quality of companies in there is probably much better than a lot of the crap in veqt no?
Going for more global diversification is supposed to be good yet narrower scope etfs are performing better.
Regarding the sp500, the flip side of this thought is that a few decades ago if you weren't investing in the sp500 equivalent of Japan, people would have told you you're an idiot and that Japan's economy is going to the moon and we all saw how that turned out. I get similar guidance regarding investing in vfv over veqt when im researching it online.
Also my brother who knows nothing about stocks or company financials bought tesla and nvidia a long time ago and im a tad envious over the years looking at his performance vs my diversified funds. Idk maybe im going full regard here.