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I tend to think that retail investors (myself included) need a really good reason to do anything more than pay off expensive debt, buy equity tracker funds and try not to check their portfolio balance too often. That reason is usually tax.
Taking bets can be fun I guess, especially if you are betting on companies you know a lot about in markets you understand - but yeah you probably are not going to get rich from doing your own trading. Someone else is, though :)
Howard
I know the feeling- the "personal finance" investment decision is very different to doing this institutionally with other people's money.
I tend to think that retail investors (myself included) need a really good reason to do anything more than pay off expensive debt, buy equity tracker funds and try not to check their portfolio balance too often. That reason is usually tax.