So you want to be a successful investor ? It is possible. And doable. Quite easy to be honest. You only need some discipline, common sense, couple of hundred euros every month and 20-30 years. That‘s it. Problem that most new investors face is dullness. Investing is boring. You only have to make one or two transactions every month. For 20 years. And that is it. That is all what it takes to become a successful retail investor. But you want to do more, don’t you ? You want to trade stocks and currencies, invest in the hottest IPOs and ICOs, ride all the waves, short corporate fuck ups and do all the other cool stuff. Everyone wants that. But, at least based on academic and field research, by doing all this you will most likely hurt yourself financially (and emotionally). According to number of studies, activity in financial markets, at least for retail investors, has a high inverse correlation with success. This means that the more active retail investor is, the less he is expected to make over long periods of time. Its up to you to decide whether you want to have some fun or make money. You can either have an expensive hobby called trading or buy a sweater vest, make that one transaction every month and see your portfolio grow. Both routes have their own benefits. Just clearly understand your goals before going down one of them. Investing is simple. It just takes lots of time and discipline.

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Marius ČiuželisInvestor / Advisor / Social Entrepreneur
Investing is simple. But NOT easy. That was our main thesis few years ago when MC Wealth Management was still actively advising HNWIs > https://www.slideshare.net/mciuzelis/investing-is-simple
10 months ago
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Tautvydas MarčiulaitisFinance
Fair point. Edited.
10 months ago
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Danielius VisockasR&D @ Neurotechnology; Burger geek; Speech & neural nets
Could you share few of the studies regarding the inverse correlation with successes?
10 months ago
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Tautvydas MarčiulaitisFinance
Danieliau, eg Trading is Hazardous to Your Wealth: the Common Stock Investment Performance of Individual Investors (B. M. Braber, T. Odean)
10 months ago
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Mangirdas AdomaitisArtificial inteligence, Data science
what about passive investing while stock picking? Or does stock picking imply high activity?
10 months ago
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