Quote:
Originally Posted by GregWeld
When I'm showing someone how I invest -- I'll bring up this very fact. People say "well it's gone up a lot! So I can't buy it now - it's up too much"....
REALLY? Pull up a 10 year chart of the company (pick one) and say -- okay -- show me on this chart (as it's doubled or tripled over the last 10 years) when you would have bought... or as YOU'RE telling me -- that it was too high to buy... 'cause what that chart is telling me is that it's still going up and over time it will be higher than where it is right now. (We're not talking "hot stocks" here - were talking about our good long term high dividend payers -- NOT Netflix etc).
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Good point. The fear of losing keep them from starting.. Yes, no netflicks, or groupon, ect...
I just don't get it, so i don't invest in it..Sure as it went to the moon, I was wondering about netflicks, but never bought, i could not see it in 10 years, and since i am not in and out, i just stayed out of that, and went with longer term assets..