Studies done by online stockbrokers where they analyse the results achieved by their clients found that the ones that did the best were those that had died (and the category that did second best had forgotten their log in details).

The Best Investors Literally Forget About Their Portfolios

“Set and forget” investing isn’t sexy, but it works. In fact, lazy investing is so effective, a study from Fidelity found that the best performing investors had either forgotten about their accounts or even crazier—they were dead.

Fidelity reportedly conducted an internal study—a performance review of accounts between 2003 and 2013 to find which accounts did the best. I love the way Living Rich Cheaply explained it (emphasis ours):

They found that the best performing accounts were from investors who were DEAD! In second place were investors who had FORGOTTEN they had accounts at Fidelity.

This was an internal study that made its rounds when asset manager James O’Shaughnessy relayed it on Bloomberg radio. However, it’s certainly … Continue Reading (2 minute read)

7 thoughts on “Studies done by online stockbrokers where they analyse the results achieved by their clients found that the ones that did the best were those that had died (and the category that did second best had forgotten their log in details).”

  1. Foo-Matic

    That article was more ads than content. But basically invest in low stake stock & let it be

  2. AngelaMotorman

    In other words, the key to success is set it and forget it.

  3. SG_Kubrak

    In other words: stop fiddling and let it ride!

  4. bumjiggy

    > those that had died

    hodl gang

  5. phdoofus

    The one time I let a company manage my retirement funds they ended up doing worse than the market and not by a small amount. I went back to doing it myself and have done just fine and all I have are targeted index funds that just monitor and \*maybe\* adjust at the end of the year. The problem with most people (including myself I would hazard) is that by the time you think you should sell, you’re too late and by the time you think you should buy back in, you’re too late so you’re perennially worse off than if you’d just left it alone.

  6. APistol4PaddyGarcia

    Almost makes it look like there are a lot of bullshit jobs & wasted energy involved in speculation

  7. Vergenbuurg

    Participated in a mock stock market investing project in high school. Picked a handful of what I thought were stable tech and industry stocks and left them as is the entire semester. Everyone else was “trading” stocks every week.

    I won.

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