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<p>[QUOTE="Cloudsweeper99, post: 835353, member: 3011"]This will always be the case. No experienced trader or investment advisor who makes a living by having clients is EVER going to admit that individual investors can do as well. It might be said that the entire US financial industry is based on continuously telling people that they have no chance of investing successfully on their own, and need index funds, mutual funds, investment advisors, hedge funds, funds of funds, and all sorts of services that generate commissions and fees for the seller. Nothing could be further from the truth, but most people seem to assume that this is the case. I personally know a few of these professionals. The main difference between them and the average investor is that they spend their time researching investments, and most other people spend their time reading opinions of others because they haven't taught themselves how to do the research. Reading Zero Hedge and other websites is NOT research. It's entertainment.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 835353, member: 3011"]This will always be the case. No experienced trader or investment advisor who makes a living by having clients is EVER going to admit that individual investors can do as well. It might be said that the entire US financial industry is based on continuously telling people that they have no chance of investing successfully on their own, and need index funds, mutual funds, investment advisors, hedge funds, funds of funds, and all sorts of services that generate commissions and fees for the seller. Nothing could be further from the truth, but most people seem to assume that this is the case. I personally know a few of these professionals. The main difference between them and the average investor is that they spend their time researching investments, and most other people spend their time reading opinions of others because they haven't taught themselves how to do the research. Reading Zero Hedge and other websites is NOT research. It's entertainment.[/QUOTE]
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