(Please understand if there are any awkward expressions as I am using a translator.
If I write in Korean, you can read it, but others won't, so I use a translator. Hahaha.)
Personally, I think it's a good idea for you to be a little more ambitious.
If the underperformance continues compared to the index, you might often find yourself thinking that it's better to buy and hold SPY or QQQ after a few years.
Of course, your strategy is designed to shine in a bear market, but I think it's worth being a little more ambitious. Thank you as always, and I'm rooting for you from far away in Korea. :)
Yeah, I know many will question the point of these "spells" when they don't seem to be able to beat a simple market index like SPY or QQQ. I do believe my portfolio will outperform those not only in risk-adjusted returns but also in raw returns over the long run, but only time will tell... :)
Thanks! I'm definitely with you on the topic. The challenge is distinguishing whether it's going through a (temporary) rough patch or a (permanent) regime change.
Speaking of which, this article I recently read struck a chord with me:
I enjoyed reading your post today too.
(Please understand if there are any awkward expressions as I am using a translator.
If I write in Korean, you can read it, but others won't, so I use a translator. Hahaha.)
Personally, I think it's a good idea for you to be a little more ambitious.
If the underperformance continues compared to the index, you might often find yourself thinking that it's better to buy and hold SPY or QQQ after a few years.
Of course, your strategy is designed to shine in a bear market, but I think it's worth being a little more ambitious. Thank you as always, and I'm rooting for you from far away in Korea. :)
Yeah, I know many will question the point of these "spells" when they don't seem to be able to beat a simple market index like SPY or QQQ. I do believe my portfolio will outperform those not only in risk-adjusted returns but also in raw returns over the long run, but only time will tell... :)
Thanks! I'm definitely with you on the topic. The challenge is distinguishing whether it's going through a (temporary) rough patch or a (permanent) regime change.
Speaking of which, this article I recently read struck a chord with me:
https://robotwealth.com/much-ado-about-variance/