Mid 60s, have been posting and visiting here almost from its beginnings.
When I first started investing in the 60s I read an interesting story. It went like this.
A guy goes out to catch pigeons, he sets up a trap and puts food under the trap and waits. Presently along comes a flock of pigeons and all but one goes in, so he waits for the last one to go in. In the meantime two come out. So he thinks to himself "I'll wait for one to return" but another one goes out and still he waits etc until eventually all the pigeons have walked out.
The moral of the story? Be happy with your return and leave some for others.
Also I have found it useful to be very patient and be prepared to be contrarian. These ideas would not suit a day trader.
