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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? lester |
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