So before anyone starts rage responding and putting words in my mouth let me start with caveats: I’m not trying to imply any method of investment is better or worse than any other. I also realize the situation I’m discussing is very narrow and should not be used by anyone to make decisions. I literally was just doing a comparison and thought to myself, “that’s surprising and interesting.”
Ok, hopefully the self righteous keyboard warriors are at least mildly placated.
I have a separate brokerage account for each investing style that I like.
1 of my accounts I just index funds because I know that’s the smart thing to do.
1 of my accounts is me just buying things to please my heart. This way I have a little money to put into “emotional investing.” I do this because I know I’m human and humans are ruled by our feeling. So it’s more of an investing playground for me so that in my other accounts I can invest intelligently and not worry about my emotional side coming in and wrecking shit.
Yes I could just have them all in 1 account, but accounts are free and make it easy to compare each other and keep my ADHD mind focused when I look at each account.
I have other accounts, but I’m only talking about these 2 today because at the end of last year I emptied them out for a big purchase. So immediately I started reinvesting with paychecks. $100 to each of the 2 accounts each paycheck starting at the same time.
Yesterday I thought to compare the balance of each account to see which one has over the last few months performed better since each has had the same amount of money added to it over the same period.
The difference isn’t large. But I’m still amused my index fund account has an overall lower balance. It’s at $$1,251.08 while my other account is at $1,276.65.
Ok that’s all, thanks!