Buying and holding an index fund can be a great way to make money in the stock market over time, but it has a few shortcomings. For one, it can be boring, and for another, it requires you to have the time to let the market work its magic over decades. If you’re looking to speed up the process by outperforming the market, it’s something of an uphill battle. It’s not impossible to beat the market, but it does take the right state of mind and knowing where to look to find opportunities.
With these requirements in mind, we asked three successful investors how they would go about trying to beat the market in 2021. Read on to hear their thoughts.