Over at one of my favorite blogs, “Get Rich Slowly”, site owner JD writes how he successfully invested more money in the stock market earlier this year. He wasn’t bragging, he was just stating a fact. JD is very influential, especially given he has 68,000 subscribers!
What’s interesting to note is the commentary that follows his entry. There are about 125 posts so far on the topic today alone. Not bad, considering the 75% commentary range is between 60-90. After reading every single comment here at home, it surprises me that over 80% of the readers have outperformed the S&P drastically and have made a lot of money. 80% compares favorably to studies which show that only 6% of active fund managers outperformed the S&P 500 over the last five years!
In one of the greatest stock market turmoils in our lifetimes, apparently the majority at GRS didn’t lose much money, didn’t capitulate at the bottom, and made some timely investments earlier this year to ride the rocket ship!