08-16-2018, 01:21 PM
|
|
Lateral-g Supporting Member
|
|
Join Date: Mar 2008
Location: San Diego, CA
Posts: 1,001
Thanks: 1,209
Thanked 131 Times in 86 Posts
|
|
Quote:
Originally Posted by GregWeld
Today is a CLASSIC example of why it's so wrong to attempt to "time" the market....
If you've been holding WALMART --- you just picked up 10% gain....
This is exactly what happens OVER TIME..... but you have to be a holder (not just this name) to ride the big jumps....
Of course -- if you're not really an "investor" -- then you'll be out when things go great and in when they suck.
Remember -- in many cases - your leaders will change!! I've had a loser in ETP for a very long time - it went from hero to zero when oil tanked..... but now -- is a gainer again. YEAH -- it's tough to hold while it's glowing red... but overall -- I believed in the original thesis... "they have the pipes" -- oil and gas flow thru pipes. Not trying to sell it -- just trying to use this as one example.
|
Nice boost for MCD too.
|