Quote:
Originally Posted by masraum
The market has been going up like gang busters. I've always been a "buy and hold" kind of guy. Something in the back of my head keeps saying "take the money and run" (well, sell and put somewhere safe while waiting to buy back in on the next dip).
But that sounds like a bad idea when you don't know when the next dip will be. Like I said, buy and hold.
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I've done it a few times, when I got the feeling of doom and gloom.
Then I bought it back when I got over it.
Overall, I'd say I come out ahead with that strategy nearly half the time
If you want to invest, then invest.
If you want to day trade, day trade.
But mixing the two up in some sort of Kreskin-Svengali hybrid is a fool's game.