A lesson on investing

[BusinessTech]

A lesson on investing

Investing would be a lot easier if you could predict the future. Failing that, looking at the past is your best option to avoid making the same mistakes, says Louis van Rensburg, a financial planner at PSG Wealth.

 

[Thor]

Copy pasted from here https://www.moneymarketing.co.za/we-cant-tell-the-future-but-we-can-look-at-the-past/

 

[cguy]

Unless you can predict market movements with 100% accuracy – and nobody has or will ever be able to do so consistently – the risk is too great to speculatively try to sell during the peaks and buy again during the troughs. If you get it wrong by just a few days, you can easily miss out on all your potential returns.

Err... one really doesn't need anything close to 100% accuracy to make a killing. What a bizarrely naive statement.

 

[cguy]

Since predicting the future is impossible, we must rely on history to show us what we can expect from stocks

Predicting the future is impossible, so we must rely on history to predict the future...

:wtf:

 

[Thor]

Predicting the future is impossible, so we must rely on history to predict the future...

:wtf:

You can't make this crap up.

Past performance indicates future growth Foking lol @BusinessTech

 

[Knyro]

What a crap article. Clearly meant to scare people off from more actively managing their own investments and rely on fund managers like say... PSG?

Nice try.

 

[Mr Scratch]

inb4 Swa

investing is the same as trading