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To: davikkm

Frankly, I feel sorry for all the FReepers who talk about getting in/out of stocks because of this or that piece of news, legislation, etc.
Your best chance in the stock market seems to be buy and hold. Dollar cost averaging. With a couple of exceptions:
* You are invested in Berkshire Hathaway (the thing Warren Buffet and 2 buddies founded in the 1950s).
* You have contemporaneous knowledge of Nancy Pelosi’s trades.


14 posted on 12/13/2023 3:25:23 PM PST by Honest Nigerian
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To: Honest Nigerian

“Your best chance in the stock market seems to be buy and hold.”

The biggest problem with “buy and hold” is that homo sapiens is really bad at it.

Stock markets crash now and then and the majority of investors panic—especially since those are the periods when the economy is hurting and they may get laid off from their jobs and need the money.


27 posted on 12/14/2023 10:14:43 AM PST by cgbg ("Our democracy" = Obey or get canceled.)
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