Thread: Investing 102
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Old 07-10-2012, 09:01 AM
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GregWeld GregWeld is offline
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Okay -- responding to the two previous posts....


Scott -- Apparently you don't look at the charts -- the long term charts.... 5 and 10 years.

If you do - I'll ask you this question. At what point would you have chosen to get in - pick a point - and then would you have asked me the same question about a "historic high"?

Total Return

1 Year
+17.3%
3 Year
+74.3%
5 Year
+72.1%



Mike -- A stock like this is a long term buy and hold and there is NO WAY to time the market. When you buy - it will go down - but look at the above historical return.... and I'll ask you the same question I did Scott. At what point was the right time to get in, in the last 5 years? Would down $1 on a bad day be the right time? Would that affect your performance?
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