Ghost of Igloi wrote:
Another day, another dollar. I am beating today again, by just holding—in fact, everything I have is at the top of the list of gainers.
I will bask in my one week of buy-and-hold glory, because I know that it won’t always be this great...and if it is, then we are all in deep trouble.
Will see how it all shakes out after close. The bad news is that I have been appointed to buy beers tonight.
I have to admit, this buy-and-hold is a real hoot when it is going well, I understand the addiction. I better not get in too deep
Buy and hold rules.
I have kept everything I own in Quicken since oh 1995. Seeing the enormous power of compounding interest is awesome. And how important dividends are. Seeing 20 years of compounding is an amazing thing. And I can see very clearly that the best investments are the dumbest. Just buying the SP500 or total stock market, reinvesting dividends and doing nothing. The times I tried to get fancy are very visibly the worst.
Actually the best has been to buy a tech stock fund and let it grow. But same idea.
Not if you bought it March of 2000, if so your analyzed return about 1%. I am assuming those that buy today will have a similar experience. In fact by mid-summer all 2019 technology returns will be erased.
yes, that's true, if you took every dollar of your money and invested it at the very tippy top of the biggest stock bubble of the last 100 years, you would not have done too well. I don't think that's a very good point.