No. of Recommendations: 4
I'm kind of at this stage. Been investing MI style for more than 25 years, and I think I've done well. But it's been frustrating lately. My returns have been barely above zero cumulatively for the last three years, and in the last 12 months I've trailed the S&P index about 23% to 31%. So while it's fun to manage a portfolio and buy individual stocks, I've been asking myself why continue to bother with it. I'd be much better off in SPY.
Appreciate your honesty. It is honesty that allows others to make good decisions. It is inflated returns that causes people to lose money. When I followed screens, I trailed SPY. Just a quick tip, use VOO, not SPY. The same fund, but a lower expense ratio.