Understood boomer, i only pay my accountant to sort out my smsf. 5 fold increase post tax and fees over 8 years so why would I pay a muppet who clips the ticket and gets paid that way? I do spend more time than most and use ETOs to amplify returns which means more stringent risk management on my behalf.
Thing is most people are financially illiterate and lazy hence why we'll always have such industries and with superannuation money in the trillions and exponentially growing over the next decade, there's room for these muppets to keep shearing the herd.
Thing is all the carry on on these threads is the same every time a stock gets walloped. What I know is i don't get the compounding returns I'm after by listening to opinions on HC.
it does however provide a good gauge as to peak negativity etc so has proven a reliable indicator of when to take the opposite position to the masses.
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