Originally Posted by Bluedriver

You've already been told exactly why your investment strategy is at a kindergarten level, but maybe this simple illustration will drive it home.

Just to be clear, if you bought the stock of a typewriter manufacturer for $40 just before the invention of the personal computer/word processor program, and that stock had fallen to $10, and another company offered to buy your shares for $20 a share, you would vote NO and wait for your shares to go back above $40???

I'm glad you will never manage my portfolio.