Quote from stock_trad3r:
And your still posting here...
Crybabies who sell when times get tough DON'T make money in stocks. That simple.
That depends. If one is a long-term holder in a high number of equities (at least 10-20) and does not mind experiencing a 10% or more drawdown from time to time, then YES. Over the LONG HAUL stocks (not individually, but collectively) have outperformed everything.
But INDIVIDUAL stocks can reach zero. Yes, zero. Many companies that were once leaders are gone. Dead. Investors who "held" on now have worthless stock certificiates because they were too pigheaded to sell, even though the market gave them plenty of chances. Many growth companies never pan out, and they too trade in the pink sheets. Maybe TIE and HANS will be good long-term investments at this point. But the odds are against it.
If you do not respect risk, you are going to get hurt. Maybe not now, but someday you are going to ride some stock down because you feel the "market is wrong" and "you are RIGHT."