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|Subject: Re: On second thought, 2828 - Small Cap Issue||Date: 1/27/2013 7:05 PM|
|Author: Art53||Number: 668573 of 709936|
"20-30 positions seems like alot. They say you should follow your positions closely and read all the earnings reports and conference call questions. I think with that many positions it would be tough. And that is just small caps? Would there be 20-30 mid caps and large caps too?
I probably own too many stocks myself, i read the news on them, especially when they're up big or down big, but i probably should follow closer. I only read earnings reports of stocks i'm worried about or am actively accumulating. I mostly own large cap companies." - 2828
What I don't understand is why don't ya'll just put your money in index funds and not worry about it? Just leave it there and let it grow? What is the allure of owning individual stocks? Is there some kind of income tax advantage that I don't understand?
Art, "dumb and lazy"
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