Millionaire Investors Know The Power of Buying and Holding
Charles B. Carlson, CFA
Contributing Editor, Dow Theory Forecasts
He wrote a book recently called Eight Steps to Seven Figures (Doubleday). In the book, he surveyed and interviewed nearly 200 individuals who had built investment portfolios worth $1 million. One of the nearly 80 questions he asked these individuals was the following: On average, how long do you hold your investments?
Interestingly, 75 percent said they held their investments on average for at least five years. Nearly 40 percent said they held investments for ten years or longer.
Wow, mr know-it-all calling financial experts incompetent. Financial experts: historical data tells us that the buy and hold strategy works with equities - given a long enough timeline your reward can be great. Folks, like I have said before top does have a clue.
Short rats want my Super RNN shares for cheap. Nope, not going to sell my Super RNN shares for under $30.
Financial experts: historical data tells us that the buy and hold strategy works with equities - given a long enough timeline your reward can be great. Go Super RNN!
Supply and Demand. Enough people don't sell will drive the price up. Phase III will drive the price up big time. Partnership deal will drive the price up big time. Go Super RNN!
First, thanks for the 30 thumb ups. Topgear wants us to follow his advice on RNN. Here is the problem with following topgear advice. He was dead stupid wrong about an investment where he lost thousands and thousands of dollars on a zinc vitamin bs stock that when under. Daybreak was the guy that adviced him not to invest in that bs stock. He made topgear life miserable and embarrassing after that stupid move. Topgear just does not have clue because he always think he is right about everything. Daybreak also adviced topgear to go long on RNN. Topgear is doing the opposite again.
Odds are you know a narcissist on this message board. Odds are they’re smart, confident and articulate. They make you laugh, they make you think; the first few times you listen to them. The odds are also that that spell didn’t last.
It’s a deep and all but certain truth about narcissistic personalities that to meet them is to love them, but to know them well is to find them unbearable. Confidence quickly curdles into arrogance; smarts turn to smugness, charm turns to smarm. They will talk endlessly about themselves and their knowledge of everything, but when they ask about you and your knowledge — well, never mind, because they never do.
Narcissism falls along the axis of what psychologists call personality disorders, one of a group that includes antisocial, dependent, histrionic, avoidant and borderline personalities. But by most measures, narcissism is one of the worst, if only because the narcissists themselves are so "clueless".
Their coworkers dislike them — but it must be because they’re jealous. Their spouses divorce them — but it’s because they don’t understand them. Their friends abandon them — but only because they can’t keep up with them. It’s this obtuseness that makes narcissists so hard to treat. How, after all, can you address a problem if you have no idea that it even exists? Hey guys, is this topgear?
It is a honor to be called Daybreak. This is the only guy that was able to make you look silly with each of your comments for years. I do miss this old guy. Maybe konaree is the next defending of right and justice. Konaree destroyed you with her comments conversating with computer generated message.