Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
What are your winners & losers today?
#20
It's my observation that all of our strategies work pretty well when the market goes up every year. I need about 4% return a year to live a happy life. Of course I'd rather have 20% if I get get it while the tide is rising. Not getting destroyed a few years from now is much more important that shooting for 40% now which requires excessive risk.

Bottom line IMO is if you have any skills in fundamental analysis the majority of my stocks can be held. Peter Lynch says I only have to get it right about 6 out of ten times with individual stocks. Unfortunately that is a little harder than it sounds in a normal stock market period when the market doesn't go up significantly 3 out of every 4 years. A chimp could do it the past 10 years so I don't congratulate myself excessively. Many of the best investors failed the decade before. A decade is a long time.
Reply


Messages In This Thread
RE: What are your winners & losers today? - by fenders53 - 04-10-2021, 05:43 PM
What are your winners & losers today? - by 2R45 - 04-29-2021, 08:42 AM
RE: What are your winners & losers today? - by backroadbob - 12-20-2021, 07:11 PM
What are your winners & losers today? - by bankerboy - 01-22-2022, 12:49 PM
What are your winners & losers today? - by bankerboy - 01-28-2022, 08:50 AM



Users browsing this thread: 4 Guest(s)