No. of Recommendations: 0

The least you need to know about stock investing is that it isn't for the short term. With long-term investing, you ignore the short-term fluctuations in the market beause you know that the longer you leave your money invested, the more assured you are of enjoying the historical rate of return of the stock market.

I agree, but also when you invest long-term you don't invest with "our new super advanced technology is guaranteed to rule the world in two years" kind of companies, which is very common these days (even for funds).
But looking at the debt problem I'd say it is more reasonable to cut down the amount of debt (that in many cases is under more than 10% interest rate) rather than invest long term, as servicing expenses for debt will consume whatever profit investments might bring.

Stock market is official gambling machine :)

p.s. I also don't think that people who invested into Cisco when it was $90 stock would be so lighthearted calling current situation a short term loss... Well... they might recover in 3 or 4 years :)
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.