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S&P500 doubles from bottom: How to invest at market highs?
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Daily Poll:  “If you can't beat them, join them."

Daily Poll:  “If you can't beat them, join them."
The $SPDR S&P 500 ETF(SPY.US)$ has doubled on a closing basis from its pandemic bottom trough of 2,237.40 on March 23. It's the fastest bull market since WWII. In other words, if you buy SPY in march 2020 and do nothing but hold, the ROI will be higher than 100% until now. This brings out the ultimate question to all the investors: "do you beat the market"?
If you invest in the stock market, you'll replicate the performance of the stock market. The problem is, if you ever have an "uncle" point" -- where you have to liquidate -- then your return will not be the stock market's. It will be the returns to your "uncle" point -- which is negative.

*The uncle point is a place where a trader has had enough pain or draw-down and decides that the trade is no longer working and throws in the towel. i.e. the trader flattens his/her position.
Source: mypivots

Nassim Nicholas Taleb, the author of Antifragile, The Black Swan, and Fooled by Randomness, has once said: “If you can't beat them, join them." If you find it hard to beat the market, it isn't too late to join it and earn the average revenue.

Tell me about your strategy and its pro and cons.
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