Originally Posted By: Pablo
Originally Posted By: oilyriser
That's the only way to make money, other than being lucky. You have to have better information than the rest, or get it sooner.
Sure I'm lucky.
My advice, start saving young. Invest 90% in 2X (200%/ultra) long ETF's. Use the rest for learning about the market, sucking up knowledge and investing in good companies or at least companies that reward the shareholders. Talk to me about luck in 20-30 years.
that's all it takes really... investing regularly and from early on. the earlier the better. I only have small, small amounts and only really started in my mid twenties, I never had a clue before that. My kids will start at 10, 15... putting their McD paycheck to investing rather than blowing it. I hope...
Karma will get those inside traders...