Are you making as much money as you think you should in the markets? If not... I have a question for you. Have you tapped into the industry's latest technology? It's a bit of a trick question. Like a lot of folks, I tend to be a skeptic when it comes to the latest gadget wizardry. But if we're fighting cancer... battling an enemy... or trying to communicate with somebody on the other side of the planet... technology isn't bad at all. The last 20-year period has been the pinnacle of technological growth. It not only changed the way the world communicates but also brought us an incredible increase in computing power. And yet - this is the undeniable part - the average investor hasn't taken advantage of it. For all the whizbang gadgetry out there, the little guy is still doing things the old-fashioned way. Can You Beat These Numbers?The proof we need comes from a study you may have heard of. Every once in a while, the fine folks at Dalbar flip on their computers to calculate the average investor's annual stock market return. I bet the figures look familiar, especially if you're wondering why - despite hard work, smart decisions and regular savings - you still aren't sitting on millions. The numbers are sad. From 1999 to 2017, the average investor earned just 2.6% each year... far below the S&P 500's annual return of 7.2% during the same time. Sad, right? But why... why does the average guy do so poorly? The answer is oh so simple... He's not using every tool available to him. While the big boys of Wall Street fight to get their massive computers as close to the trading floor as possible... most retail investors are still buying and selling based on metrics that were popular in the 1950s. |
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