Anonymous #2 5w

Boomers say s&p

2

Anonymous #3 5w

If you are talking about the Spyder etf just call it SPY not “the SPY” 💀

2

Anonymous #3 5w

The S & P 500 is the index

0

Anonymous #4 5w

Also, the S&P is up 20% in the last year. Meaning you only 1.5xed it but it’s a fools errand to compare your growth portfolio to a core index anyways

3

Anonymous #4 5w

OP called it “The SPY” I wouldn’t expect much from them

1

Anonymous #2 5w

given he has 2k in Robinhood, I would assume he is an amateur investor. Growth has outperformed core for the past few years, buts it’s important to remember that those trends shift over time. Lots of new investors think they are pros at stock picking because they have been riding the growth trend, but if you were to compare his portfolio to both SPYG and SPMO he has underperformed both ETFs and underlying indexes in the past year …

5

Anonymous #4 5w

Spot on

1

Anonymous #2 5w

My big takeaway here and something I didn’t fully understand until I became a more experienced investor is you MUST compare your portfolio to an appropriate benchmark to accurately derive your value as a manager. Ratios like sharpe, alpha, treynor, information, ALL rely on the appropriate selection of a benchmark. You may think you are a pro because you beat the S&P, but I would counter that 99% of people that make that comparison are using the wrong benchmark!

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Anonymous #4 5w

a few months ago everyone was complaining that my return was less than spy and i should invest there instead, now yall are telling me that spy is not a good benchmark, moving the goalposts again

-1

Anonymous OP 5w

those two subjects are not even remotely related …

2

Anonymous #4 5w

Don’t even bother 😭

0

Anonymous #2 5w

this is my money it doesn't come from the trust fund buddy

-1

Anonymous OP 5w

That has no relevance to what I said brother. And secondly you don’t know anything about me so that’s a wild insinuation 😂

2

Anonymous #6 5w

I disagree. Getting experience with ANY amount of money is valuable for when you do get older and have higher disposable income

0

Anonymous #4 5w

I don’t think the return on time is justifiable for anyone to be actively managing their own money unless they’re managing >$10mm. If you got to $10mm managing someone else’s money you already have practice to manage your own. If you got to $10mm doing smth else, amazing, why don’t you just keep doing that and put your money in ETFs/whatever got you to where you are

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Anonymous #6 5w

Maybe you can pull the bar down to $5mm where it’s worth the effort, but even that is questionable given drawdowns. <1mm it’s not even something you should consider

1

Anonymous #6 5w

i have a retirement account for that, this is just my personal investments. are you not allowed to invest unless you're rich????

-1

Anonymous OP 5w

You’re allowed to do whatever, but you’d get more net worth benefit for putting your efforts elsewhere. Markets are 0 sum, very winner take all. Unless you’re spending all your time on it you’ll lose to those who do. And if you’re spending all your time on it, you better be managing 10mm+ to earn enough annual for it to be worth it

3