I have been tinkering with getting into stock picking as a hobby (long-term investing). I have no interests in shorting or trading simply because I don't have the time.
I have read "A Random Walk Down Wall Street" and am currently reading "The Intelligent Investor". My next book is "How to Make Money on Stocks". I am very interested in this subject and is a hobby I could see myself getting in to.
The thing is, I have been reading and hearing from many people that trying to pick stocks as an amateur is basically impossible, because of the technology that exists for pros. There have been multitudes of studies that are pretty damning concerning individual investors' returns relative to index funds.
On the flip side, there have been studies showing that pros also very rarely beat the market.
So is it still worth it to try?
Submitted June 08, 2017 at 09:04AM by Giterdun1288 http://ift.tt/2qZGN3H
