View Single Post
  #6  
Old 09-05-2001, 01:49 PM
Guest
 
Posts: n/a
Default Re: Making money in stocks



Jack


I never predict the market or have any idea where it is going and neither does anybody else. The best market timers over any 10 year period don't even beat flipping a coin so why bother trying do something that is impossible over time.Having said that when there are stocks that look like good bargains you should pick them up and not be overly concerned where the market is going.Maybe it will go down as you say but maybe not who knows. Don't try to predict the unpredictable. Good companies picked up at bargain prices have always proven to return terrific results over time and thats a fact.


Look at the forest and don't get get caught up in the trees.Tremors in the stock market are a common occurence but the long term trend in the stock market is up if you don't beleive me take a look at a chart of the market going back to the 1920's and that should prove the point.


Buying real estate is an excellent way to invest provided you strive to keep your eye on the long term and buy quality at a fair price.Sound familar? same principles hold to buying stock as real estate. Good Luck. Lar
Reply With Quote