...this year on average, it would be more profitable and less effort to buy and hold the S&P500 ETF or a banking ETF than to invest/trade in individual stocks with correct timing.
...because we have no uniformity nor consistency in this blindsiding K-market.
BREAKING: The average retail investor is up just 9.8% year-to-date, according to JPMorgan data.
At the same time, the S&P 500 is up 26.6% experiencing one of its best years this century. This year’s retail performance is the 2nd-weakest out of any year where the index recorded a positive return since 2015.
Retail investors are also on track for their 4th straight year of underperformance versus the S&P 500. This comes as many individual investors sold their best-performing assets during the August pullback including Nvidia, $NVDA, and Tesla, $TSLA. Retail traders are struggling in this market.
