I beleive in Buy and hold, its the American way

Quote from MaxxHeatt:
If you understand market cycles and money management, you will blow away a buy and hold strategy. The markets are at the same levels they were 10 years ago. That's 10 years of no gains plus opportunity lost. Throw in some inflation and you're down. Many people have also lost fortunes from buying and holding fannie, freddie, mer, bear, wamu, leh, citi, you know , all the safe solid stuff. They've also watched the ciscos of the world lose most of their value. I repeat, if you don't know what you're doing, you might as well buy and hope...er, I mean hold.
More...

Just a little visual to reiterate MaxxHeatt's position. Buy and hold since October 1998=LOSER!
 

Attachments

Quote from stock777:

1) It's easy, only one decision

2) your broker will love you

3) your mutual fund will love you


4) You can never be wrong, since you only lose when you sell.

I love buy and hold
More...

let it be GM then........i hope it makes you a patriot
 
MiniDowTrader

I see some pretty good swing trades in there. 'Specially if you swing both ways as I did for a while playing golf.
 
Quote from stock777:

1) It's easy, only one decision

2) your broker will love you

3) your mutual fund will love you


4) You can never be wrong, since you only lose when you sell.

I love buy and hold
More...

stock777, you buy and hold, so you are not a trader. Why do you waste your time here?
Maybe you should buy LEH and its brothers and hold them.
 
Did any of you consider that the thread starter is pulling your leg?
He is probably laughing at all your responses. Seriously-you guys need to lighten up!:)
 
You must log in or register to reply here.
Back
Top