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Old 07-22-2005, 09:47 PM
AceHigh AceHigh is offline
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Join Date: Sep 2002
Location: Pennsylvania
Posts: 1,173
Default Re: Buy and Hold vs Market Timing

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money doens't come out of nowhere, you can't just *make* money appear in your bank without someone else losing it.

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You really don't understand the market. Take the following example:
I buy a stock at 20 and sell it to you at 30, the next day it goes to 35. No one lost money, I made 10/share, you made 5/share, everyone is happy. It doesn't always happen that way, but businesses are designed to make money, so in general stocks usually go up more than down.
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