04-11-2021, 09:50 AM
(04-11-2021, 07:12 AM)fenders53 Wrote:(04-10-2021, 09:34 PM)NilesMike Wrote: In reality, one only needs to hit on 2-4 stocks over your investing lifetime. If you hold on to the winners.Two could get it done. You have to find them early. I thought I might be early enough on CSCO, MSFT, INTC and a few others but not quite. I never had a problem with the bumpy ride. The ones that never recovered were the ones that shook my confidence after 10+ years.
Even with the big winners, it is a bumpy ride with very large drawdowns.
What I found interesting is that 3 giant winners-MCD-HD-MSFT all had similar graphic profiles while multi year dips that didn't recover for a loooong time.