Hi @MarsC I don't for a moment think you are a trader. I suspect my trading is more frequent than yours, though this is something I am working to reduce. Can't really argue about valuations on the above either.
Sometimes I think I should buy a decent quality portfolio of reasonably priced companies* with growing earnings and not look at them for five years to see what happens. The broking community will tell you that you can't do this, but my suspicion is that the portfolio would produce market beating returns (it is why the large survey by fidelity showed investors who had died, where the account still remained active, produced the best returns over subsequent years). I am also of the view that looking at daily share prices is bad for one's health and like any drug gives you an instant hit and then a long low. This is another aspect of my investing I am trying to cut down on.
* Having a bit of a problem finding decent quality, reasonably priced companies at the moment
PMP Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held
(20min delay)