All those buy and holds theories are pure non sense...As far as i concerned when in the morning i see dark clouds on the horizon i will put a rain coat on...Well i saw black clouds back in 2006, and sold in April 2007... If if would have stayed in the same 2006 positions, i would be down 38% since then... i am actually up 15% YTD...
And what if you would have buy and hold in AIG, BS, WAMU, and all the casualties of this bear market...Buy and hold is like hiding your head in the sand... IMHO, Buy anbd holders shouldn't be investing at all
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Oct 14 11:49 am
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All Comments by balsamo001 »The Dangers of Timing the Market [View article]
All those buy and holds theories are pure non sense...As far as i concerned when in the morning i see dark clouds on the horizon i will put a rain coat on...Well i saw black clouds back in 2006, and sold in April 2007...
If if would have stayed in the same 2006 positions, i would be down 38% since then... i am actually up 15% YTD...
And what if you would have buy and hold in AIG, BS, WAMU, and all the casualties of this bear market...Buy and hold is like hiding your head in the sand... IMHO, Buy anbd holders shouldn't be investing at all