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  • How Impossible Is Market Timing? [View article]
    What if you ask yourself the question why to buy and why to hold?
    Do you buy for capital gain or for dividend? As long as you get what you want you hold, otherwise you sell. I bought WM at 15 in 1998 and hold all the way because it was paying dividends. I could have sold at 45 in 2007 and then what. Where do you put the money? A CD? I already had a full CD allocation. I finally sold WM at 15 in 2008 when they cut the dividend.
    I don't cry over the money I haven't made because it could have gone the opposite direction as well when you read about the economy in early and mid 2008.
    Nov 23 10:00 am |Rating: 0 0
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