MooHumor: There is no harm without comparison
"To compare is to despair," they say.
Especially don't compare your investment returns with others.
It may sow seeds of discontent and envy and may ultimately be counterproductive.
It may sow seeds of discontent and envy and may ultimately be counterproductive.
No matter which side is more reasonable, we can be sure about: "no comparison, no harm."
Let's see how mooers make the comparison!
$SPDR S&P 500 ETF(SPY.US$ This is why option premiums are 3X what they worth at market open vs. an hour after market open
@cheez_lit : It’s believed that Lucas has kept most of the $Disney(DIS.US$ shares, which has since tripled in value (making his $DIS stake ~$6B).
Add it all up and Lucas’ net worth is $10B, making that 1973 Star Wars salary deferment of $350k ($500k minus $150k) the greatest Hollywood deal ever.
Add it all up and Lucas’ net worth is $10B, making that 1973 Star Wars salary deferment of $350k ($500k minus $150k) the greatest Hollywood deal ever.
@WallstreetWizard : no you!
@Milk The Cow : 2022 Financial Plan (Mine)
@Powerhouse : True facts of me these days
No comparison, no harm? That is correct.
But what doesn't kill you always makes you stronger!
But what doesn't kill you always makes you stronger!
This week, we'd like to invite you to comment below and tell about: Are comparisons good or bad?
We will select 20 TOP COMMENTS by next Monday.
Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
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Mr Trecherous : PartyRaab1776
Syuee : Never compare.
Be happy, stay awesome, be grateful. Don’t compare yourself with the other.
God created us a separate human being with different capabilities.
If all people are alike, then there weren't be STEVE JOBS, WARREN BUFFET, BILL GATES, etc. They are high achievers because they are unique and they never compare themselves with the other, but learn positive things from other’s life!
I will evaluate and analyze the other person and learn from them, that is how successful people move forward.
The grass may always seem greener when we are looking with envious eyes at the things we think we may be lacking. But the truth is, we are uniquely us and that is perfect!
steady Pom pipi : Where there is comparison, there is harm, which is painful and necessary. You have to compare in order to make the right choice and get a better return! But who says people must compare with others, we can compare with other things (stocks).
Make good use of moomoo's stock comparison function. Through the stock comparison function to greatly improve the efficiency of stock selection, I can select several stocks in the same industry at a time, observe the fundamentals of multiple stocks at a time, do not have to check one by one to greatly save a lot of time. When you don't know how to choose, you just need to put several similar stocks together to make it easier to choose.
Https://www.moomoo.com/hans/community/feed/107773822042117?lang_code=0
Milk The Cow : It depends on how u look at it.
I think comparison brings more benefits than harms.
)... but unknowingly sometime u are being forced into the system of comparison in society.
eg. EV/EBITDA before we decide which to buy.
From my life experiences, like it or not...
Depending on the situation, it can bring harms if we are talking about a person here who has weak mentally.
When there is comparison, there will be competition & ppl won't be lazy anymore (work their ass off).
It's tiring but then u will excel the most since it indirectly become part of ur motivation.
Me personally don't like comparison (it's tiring
We also compared our stocks
Even no indicators, u will also compare... eg. Bank ( $DBS Group Holdings (D05.SG)$ / $UOB (U11.SG)$ / $OCBC Bank (O39.SG)$ )... why u choose more on the specific one?
Well, maybe u are so democratic that u split ur stocks evenly
KT88 Syuee: 100% agree. Your unique self is empowered, powerful, and unstoppable! Your uniqueness is what makes you incomparable! Same goes for your investment returns. That is simply because different investors/traders have different styles/strategies!
KT88 Syuee: In this case, comparison isn’t apples with apples. Everyone has unique investment objectives, constraints, and levels of risk tolerance. This makes it nearly impossible to fairly compare investment returns from one individual investor to another. Comparing your investment returns with an incorrect benchmark can lead to behavioral risks such as performance chasing. Investing is about reaching your long-term financial goals. It is not a competition between you and a market index or you and your peers. Appreciate your sharing!
KT88 Syuee: Threads are undeniably good in promoting discussion and a great way to learn about topics. But, if they are used as an area of comparison, it can make users feel inadequate instead of empowering them to improve and do better. Focus on the process of making good investment decisions, and the results will take care of themselves.
Lin_H : Ok
HopeAlways : The need to compare ourselves with others stem from our competitve nature. While the comparison can motivate and drive us to work harder and do better, it is not always necessary to do so when comes to investment. Comparing our investment returns can sow the seeds of discontent and envy, and may ultimately be unproductive.
doctorpot1 : comparision is like any other tools, you can use it the right way and the wrong way. I believe there is healthy comparison which leads to healthy competition which leads to healthy personal growth.
Just like in the stock market, without comparing to a benchmark like S&P500, how would anyone know if their trading strategy is a good strategy or not. without the benchmark, there won't be a need to improve and grow.
however, comparison can turn unhealthy when it is excessive and damaging to your personal health or wealth. one such sad state can be seen in social media, where everyone is posting up photos of them living the "fake high ses life". renting lambo, mansion and even private jet just to take many photos and videos in a day to post in the next few months.
So just like a knife, use it well and you will attain new powers. use it badly, you could be hurting yourself or your loved ones.
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