Okay, but what about those people that did their homework and bought companies with "implied" U.S. Government backing, such as Fannie Mae (FNE), Freddie Mac (FRE), or bought the biggest insurer in the world, American International Group (AIG), or the biggest U.S. automobile dealer, General Motors (GM)?
Or, bought the biggest software company in the world in 2000, Microsoft (MSFT)? Unfortunately, MSFT has done NOTHING for 8 years.
The above are, or were, very big, well-known companies. Markets change, technologies sweep away earlier companies, and companies make major errors in the marketplace.
The fact is even the Dow Jones drops and adds companies at times, and so should investors. Investors that retired, or were about to retire, saw their equity portfolios devastated, when they have the least ability to earn a living to replenish their capital, and had little or no means to take advantage of the severe market decline.
Buy and Hold is good in a rising market, and a rising market makes every investor look like a GENIUS.
Okay, but what about those people that did their homework and bought companies with "implied" U.S. Government backing, such as Fannie Mae (FNE), Freddie Mac FRE, or bought the biggest insurer in the world AIG, or the biggest U.S. automobile dealer, General Motors (GM)?
Or, the biggest software company in the world in 2000, Microsoft (MSFT)? MSFT has done NOTHING for 8 years.
The fact is even the Dow Jones drops and adds companies at times, and so should investors. Those that retired, or were about to retire, saw their equity portfolios devastated when they have the least ability to earn a living to replenish there capital, and had little or no means to take advantage of the severe market decline.
Buy and Hold is good in a rising market, and a rising market makes every investor look like a genius.
Stocks Will Continue to Erode In This Busted Economy [View article]
RE: "I included a column called "leverage", which is Assets divided by Equity. The higher that ratio, the more obligations or liabilities the company has."
===================== Your concept of "leverage" is distorted. Apple has $25 BILLION in cash and $ZERO debt. How can it, in fact, be "leveraged"?
Wall Street Breakfast: Must-Know News [View article]
RE: "When a company reports a loss, say 10 cents, it is difficult to assess what is meant by "missed by 003" -- does that mean the estimated loss was 7 cents or 13 cents?"
========== Expectation was -0.07. An actual loss of -0.10 means an ADDITIONAL LOSS of 0.03, or a miss of 0.03.
Buy and Hold Is Alive and Well [View article]
Okay, but what about those people that did their homework and bought companies with "implied" U.S. Government backing, such as Fannie Mae (FNE), Freddie Mac (FRE), or bought the biggest insurer in the world, American International Group (AIG), or the biggest U.S. automobile dealer, General Motors (GM)?
Or, bought the biggest software company in the world in 2000, Microsoft (MSFT)? Unfortunately, MSFT has done NOTHING for 8 years.
The above are, or were, very big, well-known companies. Markets change, technologies sweep away earlier companies, and companies make major errors in the marketplace.
The fact is even the Dow Jones drops and adds companies at times, and so should investors. Investors that retired, or were about to retire, saw their equity portfolios devastated, when they have the least ability to earn a living to replenish their capital, and had little or no means to take advantage of the severe market decline.
Buy and Hold is good in a rising market, and a rising market makes every investor look like a GENIUS.
Buy and Hold Is Alive and Well [View article]
Or, the biggest software company in the world in 2000, Microsoft (MSFT)? MSFT has done NOTHING for 8 years.
The fact is even the Dow Jones drops and adds companies at times, and so should investors. Those that retired, or were about to retire, saw their equity portfolios devastated when they have the least ability to earn a living to replenish there capital, and had little or no means to take advantage of the severe market decline.
Buy and Hold is good in a rising market, and a rising market makes every investor look like a genius.
Stocks Will Continue to Erode In This Busted Economy [View article]
=====================
Your concept of "leverage" is distorted. Apple has $25 BILLION in cash and $ZERO debt. How can it, in fact, be "leveraged"?
Wall Street Breakfast: Must-Know News [View article]
==========
Expectation was -0.07.
An actual loss of -0.10 means an ADDITIONAL LOSS of 0.03, or a miss of 0.03.
Sell the News, Buy the Rally [View article]