Thread: Investing 102
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Old 08-16-2018, 09:01 AM
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GregWeld GregWeld is offline
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Today is a CLASSIC example of why it's so wrong to attempt to "time" the market....

If you've been holding WALMART --- you just picked up 10% gain....

This is exactly what happens OVER TIME..... but you have to be a holder (not just this name) to ride the big jumps....

Of course -- if you're not really an "investor" -- then you'll be out when things go great and in when they suck.

Remember -- in many cases - your leaders will change!! I've had a loser in ETP for a very long time - it went from hero to zero when oil tanked..... but now -- is a gainer again. YEAH -- it's tough to hold while it's glowing red... but overall -- I believed in the original thesis... "they have the pipes" -- oil and gas flow thru pipes. Not trying to sell it -- just trying to use this as one example.
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