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Minorplanet Systems USA, (MNPQC) Message Board

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  • Vegas_GrandPa Vegas_GrandPa Oct 22, 1999 11:01 AM Flag

    I called the FCC today about the SBC AI

    What do you define as long term?

    I have a
    stock in my portfolio that I purchased in 1973. Now
    thats long term. It is still appreciating and therefore
    no reason to sell.

    I normally say 5+ years is
    long term. But some people (investors) use 6+
    months?

    What do you say?

    I normally buy shares to hold
    for 5+ years and therfore say I am a long termer. But
    I also trade shares in the 6+ months
    range.

    I have the luxury of holding my losing stocks for
    long term turnarounds and taking my short term profits
    when appropriate.

    This does not always work,
    but it has for me.