All investing and speculation is an attempt to beat time. Your money could be compounding in a safe investment at a low rate of return, and with enough time, you would be rich guaranteed. You wouldnt have to waste time picking the right stock or the right group of stocks, or the right fund. You would just compound your way to wealth using your greatest asset: time.
Pick a stock that advances a hundred points and if youve put enough money in that stock you will have beaten time. I say, even if the stock doesnt move that many points, if you have enough shares, you will have beaten time. Or join a company and get thousands or perhaps a million stock options, and the share price advances significantly, yet again, you have beaten time. Time is reliable, it is an asset, anything else we do is an exercise in attempting to beat time
and we mostly suffer from it. Funds dont multiply in wealth
I see no reason to bother with them
a little of this and a little of that doesnt beat time, stocks have a chance but they dont work for most people because they need the stock to run a hundred to a thousand points, they need to have the guts to hold it for this to happen, or they need the guts to own more shares, thousands upon thousands of shares so that the stock price only has to move a lesser amount, perhaps ten, twenty or thirty points, in order for wealth to be created.