Quote:
Originally Posted by recycled sixtie
And sell your stocks when you think its high has been reached?
Or do you just buy and hold for a long time?
I bought Barrons Magazine the other day and it is interesting to note the various experts' opinions on where the market is going. I have been tending towards mutual funds as they seem to do better than me picking/choosing stocks and timing.
Buying the indices is a lot cheaper but somehow I like a company name that I can trust such as Fidelity.
Your thoughts overall?
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I used to time the market on single stocks allot.
I was really good at it when the market kept going the way I wanted it to.
The big boys control and manipulate the market day to day. IMO unless you can read their minds, you're better off forgetting about timing and getting in good for the long haul.
Here's a fidelity fund I've done very well with over the past several years:
Westwood SMidCap Fund Institutional Class
Symbol: WHGMX