Buy and Hold the S&P 500: You will beat the professionals!

If you look at historical returns over two or more decades, you are going to see the S&P 500 averages over a 7% return. Professionally managed portfolio return about 6.8% or so. Then you have to factor in anywhere from a quarter to three fourths of a percent in management expenses and fees, so you are lucky if you are getting 6% a year. Then there are retail investors that average anywhere from 2.5% to 3% depending on the numbers you use. Do you see what I’m getting at?
If you have the self restraints to just buy the S&P 500 and hold it, you are going to average 7% a year. Stop checking your balance in your retirement fund. Stop buying penny stocks. Stop trying to time the market. Just buy the S&P 500, and hold, don’t sell. Buy a little at a time, buy month after month, year after year, decade after decade.
Do not time the market. Do not give into fear. Do not give into greed. Just buy and hold the S&P 500.
Works Cited:
https://www.nerdwallet.com/article/investing/average-stock-market-return
https://www.thebalancemoney.com/why-average-investors-earn-below-average-market-returns-2388519
https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp