Will We Know When We've Made a Low? [View article]
Why should I care what happens to stocks a month or three after I buy them? I'm not going to sell. In ten years there is a slight chance. The only point of timing is to get more shares for the buck. Let clueless leverage speculators worry about every buck and squiggle; if you are investing your own money, just buy after all large pullbacks and never sell until you've at least doubled your money. The whole point of using your own money is you can hold as long as that takes, and longer if you want.
-
Oct 17 13:09 pm
|Rating:
0
0
All Comments by JasonC »Will We Know When We've Made a Low? [View article]
Why should I care what happens to stocks a month or three after I buy them? I'm not going to sell. In ten years there is a slight chance. The only point of timing is to get more shares for the buck. Let clueless leverage speculators worry about every buck and squiggle; if you are investing your own money, just buy after all large pullbacks and never sell until you've at least doubled your money. The whole point of using your own money is you can hold as long as that takes, and longer if you want.