A couple of things to consider: Very few day traders are able to beat the market returns vs a typical low cost index ETF in the long-term.
Long-term, most actively traded funds underperform most low-cost index ETF's. For most investors, the highest-yield solution is to park your funds in an appropriate mix of index ETF's and pretty much ignore them. On Mon, Jan 11, 2021 at 1:56 PM Matt Hoppes < mattli...@rivervalleyinternet.net> wrote: > And that is why people day trade for a living... > > On 1/11/21 2:22 PM, Cameron Crum wrote: > > I'd say if any money manager plays with your money as often as you do, > > he either has very few clients, doesn't really know what he is doing, or > > is a crook. No good money manager will move your money around that much > > unless they are trying to create fees for themselves. It is just too > > risky and requires too much attention. If you can make 1000 a day, I > > would ask, why are you doing anything else? That is at least 22k/month > > with little overhead but the electricity to run a computer. Compounded, > > that is a pretty nice salary with very little effort. If I could make > > 1000/day every day with no overhead, I wouldn't be doing anything but > that. > > > > On Mon, Jan 11, 2021 at 1:12 PM Steve Jones <thatoneguyst...@gmail.com > > <mailto:thatoneguyst...@gmail.com>> wrote: > > > > I got my IRA report and had 17 percent return last year. You can put > > your money in my ira if you want > > > > On Mon, Jan 11, 2021, 1:09 PM Gino A. Villarini <g...@aeronetpr.com > > <mailto:g...@aeronetpr.com>> wrote: > > > > Bitcoin? ____ > > > > __ __ > > > > *Gino****Villarini > > *Founder/President > > @gvillarini > > t: 787.273.4143 Ext. 204 > > > > aeronet-logo <http://www.aeronetpr.com/> inc500 > > <https://www.inc.com/profile/aeronet> fb-logo > > <https://www.facebook.com/aeronetpr/> insta-logo > > <https://www.instagram.com/aeronetpr/?hl=en> in-logo > > <https://www.linkedin.com/company/aeronet-broadband-corp> > > tw-logo > > < > https://twitter.com/AeroNetPR?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor > > > > yt-logo > > <https://www.youtube.com/channel/UCr2Q9WBrAYVm3Fn970Jd6VA> > > > > www.aeronetpr.com <http://www.aeronetpr.com> | Metro Office Park > > #18 Suite 304 Guaynabo, PR 00968 > > > > *From: *AF <af-boun...@af.afmug.com > > <mailto:af-boun...@af.afmug.com>> > > *Date: *Monday, January 11, 2021 at 11:56 AM > > *To: *AnimalFarm Microwave Users Group <af@af.afmug.com > > <mailto:af@af.afmug.com>> > > *Subject: *[AFMUG] Hiring a company fund manager____ > > > > We have a sizeable amount of money sitting in a bank account > > right. This > > has been collected from various jobs that were rather ludicrous > > over the > > past year. > > > > There are several options for what we can do with these > > funds.... we can > > let them sit in a bank account until we need them and use them, > > and then > > go away. > > > > Or we can invest them (which I've started doing). However, this > > is one > > more thing to add to my plate of things to manage on a > > daily/weekly basis. > > > > Through investing in ETFs and purchasing Option Call/Puts I've > > been able > > to return about $1,000/day. This isn't consistent - but over a > > week a > > gain of several thousand is not out of the question. Even on a > > market > > red day like today, our portfolio is up. > > > > My question is, has anyone here either done it, or considered > > hiring a > > full-time person to essentially manage surplus cash and make it > > print > > more cash through investing? If done right, I feel like this > could > > potentially finance a lot of future projects we want to build. Of > > course, hire the wrong person and you lose all that money... > > > > -- > > AF mailing list > > AF@af.afmug.com <mailto:AF@af.afmug.com> > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com____ > > > > -- > > AF mailing list > > AF@af.afmug.com <mailto:AF@af.afmug.com> > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > -- > > AF mailing list > > AF@af.afmug.com <mailto:AF@af.afmug.com> > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- - Forrest
-- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
