XJO 0.64% 8,050.5 s&p/asx 200

"nothing wrong with going long while stops are in place,"Plenty...

  1. 9,949 Posts.
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    "nothing wrong with going long while stops are in place,"


    Plenty wrong with stops.
    Just ask those who over the years were stopped out of CBA at $7, $8, $9, $10, $11, $12, $13, $14, $15, $16, $17, $18, $19, $20, $21, $22, $23, $24, $25, $26, $27, $28, $29, $30, $31, $32, $33, $34, $35, $36, $37, $38, $39, $40, $41, $42, $43, $44, $45, $46, $47, $48, $49, $50, $51, $52, $53, $54 ... no dividends either .. now thats what I call a disaster !



    "but I don't think buying and holding is a fait accompli solution to wealth creation over the next few years."


    Never was, never will be.
    But it is the *best* chance.
    As I said, you cant handle stockmarket risk ? Try term deposits. You won't lose your capital there.
 
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