Thread: Investing 102
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Old 12-19-2011, 09:01 PM
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Sieg Sieg is offline
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Quote:
Originally Posted by GregWeld View Post
I looked at my crystal ball --- and based on HISTORY -- UP over time.... but it will go DOWN 15 minutes after you buy in. That is, at least for me, the way it seems to work. But I get even in the end by holding (going long) and smiling while they pay me to wait.
LMAO - There was a point every stock I bought was guaranteed to go down 10+% especially IPO's.

My first stock purchase was a 100 shares of Nike when it hit $5 for the first time which was big money for me at 18 years old.........it doubled and I sold it...........I don't want to know and never tried to compound the value out.

Again, thank you for the insight you are providing those who choose to read this thread on the forum as it is truly generous, genuine, and an invaluable sharing of investing wisdom.
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