Thread: Investing 102
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Old 05-31-2013, 09:53 AM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by Steve_O View Post
SO, I made my first purchase in my Schwab account this morning, and...

True to predictions, the stock immediately lost value! Good thing I'm in it
for the long haul.

Next challenge, locate enough Best of Breed companies for my IRA account
funds.

Steve O


When that happens --- pull up the 5 year chart --- or longer if you can find one... and look at it. How far down is it on the left vs the right side.... and think about that TREND.... Now if you zoom in -- you'll see all the zigs and zags... Don't worry about the zigs and zags --- zoom back out and stare at the trend line.... TIME is your friend. Keep at it!
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