No. of Recommendations: 3
Which will make it much harder for buy and hold types to make money...unless of course you have perfect timing for buying and selling. ;)

OK, although I don't think anyone would accuse me of being a "buy and hold type" I'll bite anyway.

Your statement seems a bit contradictory. On the one hand you state in order for a buy and hold type to have success they will need perfect timing buying and selling.

And on the other hand?

Well presumably you will need perfect timing on buying and selling.

Unless, it is your assertion that a buy and hold guy needs to be perfect and you don't which I suspect is a bit delusional.

Buy and hold isn't about time in as much as it is giving your ideas the time to work, or in some cases keep working.

Although fast money can be fun as well, as I was reminded today. :<)


PS Despite today's lottery winner, my biggest winners are the ones that have been in my ports the longest. Although admittedly, not Warren Buffet long.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.