Thread: Investing 102
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Old 03-24-2017, 04:15 PM
preston preston is offline
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Quote:
Quote:
Originally Posted by SSLance View Post
**raises hand**

I haven't made a trade in a long time other than just reinvesting dividends and I'm not worried or itchy about anything...not even the Target my wife owns that has taking a beating lately.



Oh we all have "those"....... but the way I look at things -- I see ALL of my net worth as a giant collection of "stuff". Some of the stuff works some of the time and some of the stuff sucks.... but in the end -- is my overall net worth rising or falling. I just have to hit about 5 or 6 out of 10 to cover my mistakes (most of the time).
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There is a poster over on Seeking Alpha whose handle is "BuyAndHold". He claims to have never sold a stock. Of course he is not running around buying small caps either but doing due diligence and buying the same types of companies Weld approves of for 101. Said sure he's had a few stocks go to zero over the years but his winners always beat his losers. So many stories of people who sold only to see the stock go up later. They say the hardest decision isn't when to buy its when to sell. Well he has that one figured out I guess !
else.
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