video1.0<iframe src="https://www.loom.com/embed/be4e45d7f47640c1b8fd1a9520713893" frameborder="0" width="1058" height="793" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>7931058Loomhttps://www.loom.com7931058https://cdn.loom.com/sessions/thumbnails/be4e45d7f47640c1b8fd1a9520713893-00001.gif602.598 Hi, it's Phil, your certified financial planner. In this video, I discuss whether it's possible to pick stocks that beat the market. While it's tempting to invest in a company that you like and think will do well, the reality is that picking stocks is incredibly difficult. You have to make a lot of forecasts and predictions about the future, and there are so many factors that can affect a company's performance. Even if you do pick a winner, it's likely that you would have to put a lot of money into that stock, which is incredibly risky. Most mutual funds also don't beat the market, so it's important to understand their process and whether it's sustainable. At the end of the day, it's crucial to evaluate your risk and figure out what your investment strategy will be.