I split my strategy by account (CAD port is almost all ETFs and dividend funds) while the USD port is just bets.
Though it looks worse than it is bc of one major loser in particular, the difference is clear
https://i.redd.it/1syp933i0ysd1.jpeg
Posted by 22switch
19 Comments
There 1,000% is a difference and anyone who thinks otherwise is ignorant due to either greed or laziness. Sorry.
Does the casino gamble?
Yes and no
Does the player at the casino gamble assuming they’re not using advantaged strategies that will eventually get them removed?
Yes
Are you the casino, or the player?
The house has edge in gambling…you can have edge investing if your brain works
If your last month is 12% and your ytd is 10% (given that it’s october) that means you were down 2% after 8 months of “investing” during one of the greatest bull runs… sounds like you gambled last month after some crappy investing.. not the best way to prove a point
Investing smart is not gambling. Options is gambling.
Tell that to the people who retired in 2008
Investing is gambling with positive EV
What platform is this? I guess you’re Canadian?
In gambling the house always wins. With informed investing you *are* the house.
What’s the left side portfolio?
Why gamble in a TFSA of all accounts? The contribution room is basically gone now. Lol
Pretty similar to mine this year.. up 20-30% on stocks & -61% ytd on options
me with a 120k tfsa 👀
This is the dumbest most meaningless conversation. Who gives a shit what you call it? You either make money or you don’t and the return is something.
Nobody has ever said that.
Yep, I have a 45% ROI on my ETF based retirement fund while my Robinhood account has a -35% ROI
For most folks is 100% the case because most folks don’t have any actual trading edge and are just throwing darts in the dark hoping to hit bullseye.
It is well known the majority of options players will lose money. Sure, some earn big, but most fail and end up at a Wendy’s near you.
Hahahaha, yes yes there is dude.