DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**gkruCRi1** · 02-28-2007, 07:17 PM

OSB, IMHO, Long term trends are the only ones that matter. Unless you actually sold your positions yesterday, you lost nothing. I actually increased my equity position slightly. I am invested for the long haul and really do not trade individual stocks. In my experience traders almost always lose alot of money. I stay fully invested in index funds and spend my time doing what I enjoy and I stay away from the financial porn. I sleep well at night.

That's one reasonable and meritorious way to look at it, a conservative bettor's approach. Looking for quick money often includes big risk--but information is key and how to place bets. IMO, whether you are looking for quick money or long term investment through growth, good information and where to place the bets is the key, and even on a conservative long term approach, it is critically important to still watch all the facts so some asleep-at-the-wheel stockbroker or corrupt and/or incompetent corporate structure, etc, doesn't wreck your conservative approach, and it does happen.

02-28-2007, 07:17 PM	#25
gkruCRi1 Join Date Oct 2005 Posts 505 Senior Member	OSB, IMHO, Long term trends are the only ones that matter. Unless you actually sold your positions yesterday, you lost nothing. I actually increased my equity position slightly. I am invested for the long haul and really do not trade individual stocks. In my experience traders almost always lose alot of money. I stay fully invested in index funds and spend my time doing what I enjoy and I stay away from the financial porn. I sleep well at night. That's one reasonable and meritorious way to look at it, a conservative bettor's approach. Looking for quick money often includes big risk--but information is key and how to place bets. IMO, whether you are looking for quick money or long term investment through growth, good information and where to place the bets is the key, and even on a conservative long term approach, it is critically important to still watch all the facts so some asleep-at-the-wheel stockbroker or corrupt and/or incompetent corporate structure, etc, doesn't wreck your conservative approach, and it does happen.
	Quote