Just ‘buy the SPY‘ they said.
‘Don’t worry about knowing how to trade‘ they said.
Just ‘buy the SPY‘ for ‘passive investing‘ they said.
It’s so … ‘strange’ how I haven’t heard a lot of that sort of talk as of late.
Regardless, we’ve had a good time since June 30, 2015. We haven’t lost a dime during this market downturn …
A good thing too … after the shellacking I took in the beginning of 2015.
For the month of September, 2015, we gained 0.39%, while the market lost around 0.24%. We had a large advantage over the market going into September, but I’ll not look down my nose at putting on another 0.63% to that number.
As well, we stated that for the month of September we thought a good 30 day trade was simple cash. So logically, that trade, again, beat the market by a good 0.24%. It avoided all of the volatility as well. Not too bad.
We have another idea for a swing trade for the next 30 days. But we are keeping that idea with clients of ‘The Sharpe Report‘. Maybe we’ll let you know how it worked out at the end of the month.
I just wonder what has happened to those …. ‘Just buy the SPY for passive investing‘ folks?