Financial Management
01-28-2015, 08:22 AM
#11
Gets Weekends Off
Joined APC: Jun 2005
Position: Under the Frog
Posts: 1,125
Originally Posted by JoeyMeatballs
I dont know about trading vs investing now, but Investing is long term. There has never been a 10 year period where the market has been down. I'd say unless you're over 50, investing in a low cost index fund beats "trading" anyday..........
Do you remember what happened the second Tuesday of February in 2005? No, of course not. Don't matter.
Is the market higher today than it was back then?
Yes.
Surfers worry about waves. Sailors are concerned about the tide.
Investing is not surfing. Investing is sailing.
01-28-2015, 04:17 PM
#13
Gets Weekends Off
Joined APC: Jun 2005
Position: Under the Frog
Posts: 1,125
Originally Posted by flyjetz
Dow up 8.87
Point remains, concerning yourself with daily fluctuations is not the mindset of an investor. It's the mindset of a trader.
While some traders make really good money, most go broke.
While some investors go broke, most make really good money.
Asset allocation, buy and hold forever and low expense ratio, passively managed index funds. That's all there is to it.
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