The Motley Fool Discussion Boards

Previous Page

Investing Books / Rule Breakers, Rule Makers


Subject:  Question for the Fools, Date:  2/14/2000  10:14 PM
Author:  mlhav Number:  209 of 265

Let me preface by saying I have read nearly all of your books, most recently, RB/RM.

I am firmly convinced in your thoughts and overall longterm approach for successful and less stressful investing and ultimately building wealth are very wise.

I have firmly taken your advice and my port contains many RB/RM stocks. Cheers to me, I even owned some of them before I read the book.

My question to you, or anybody else here is: Is it necessarily bad to trade some stocks quickly for some short term gains, (I do this once in a while, approx 5% of my port) or do you folks never try this and stick with the main ports listed on the fool.

The reason I ask is that I have had some success in the past, and I have to admit, it can be fun as well as fiscally rewarding.

However, I stick to my rule of no more than 5%, and any short term gains over and above a always add to my long term holdings.

Thoughts anyone?


Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us