Stock Player or Spectator: Which Stock Market Investment Strategy Should You Be Using?

Back in episode 52, we explored managed mutual funds under the microscope and investigated whether there is ever a time where managed mutual funds might make sense.

In this episode, we will unpack whether there is a case to be made for investing in the stock market as a “Stock Player” (or picker) or whether you should really be a “stock spectator” and take the indexed fund or mutual fund approach.  We’ll look at a Foolish Claim by a common “Stock Picking” subscription website advocating for how YOU - regular old, entrepreneurial, do it yourself, YOU can beat the market ahead of all of the managed mutual fund managers;

We’ll also look at the data to determine whether stock picking generally leads to higher returns than market indices or whether stock pickers just think they know more than everyone else; and,

We’ll dive into other considerations that you should be thinking about before you take on any type of active investment involvement be it stock picking, real estate wholesaling, flipping, BRRRRing (buy, renovate, rent, refinance and repeat), or just buying and holding.

Exploring these ideas are important so that you can determine where you’ll receive the greatest return on your TIME investment to maximize your wealth and time freedom over the long term.

What you’ll learn:

• We’ll look at a Foolish Claim by a common “Stock Picking” subscription website advocating for how YOU - regular old, entrepreneurial, do it yourself, YOU can beat the market ahead of all of the managed mutual fund managers;
• We’ll also look at the data to determine whether stock picking generally leads to higher returns than market indices or whether stock pickers just think they know more than everyone else; and,
• We’ll dive into other considerations that you should be thinking about before you take on any type of active investment involvement be it stock picking, real estate wholesaling, flipping, BRRRRing (buy, renovate, rent, refinance and repeat), or just buying and holding.
• Determine where you’ll receive the greatest return on your TIME investment to maximize your wealth and time freedom over the long term.

Resources: 

• I Will Teach You To Be Rich - Ramit Sethi 
• Book a Discovery Call with us so we can help you overcome your current struggle and take the next step in your financial journey
• Follow Kyle Pearce on LinkedIn for daily posts and conversations about business and investment. 
• Dig into our Ultimate Investment Book List
• Download our Wealth Building Blueprint

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For those interested in being considered for potential Joint Venture (JV) opportunities, reach out to us here.

Get in touch with Kyle to review your financial situation through a discovery call.

Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.