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. :<)

http://investing.money.msn.com/investments/stock-price?Symbo...


B

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.
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