I personally think its best to think short term with stocks. Who knows what will happen to a company 10 years from now. If your careful, you can continually buy

I personally think its best to think short term with stocks. Who knows what will happen to a company 10 years from now. If your careful, you can continually buy stocks when the're at a low and sell at a high. Here's some guidelines for doing this: buy stocks only from the large stable companies, because they pretty much never do radical or unpredictable ups or downs. The're are also the most liquid so you can buy or sell them pretty much instantaneously any time. Buy the stock when you see the markets moving up, and sell the stocks quickly, before it goes back down. Don't try to sell at the peak because it's almost impossible to know that point. Quit while your ahead. If the stocks goes down just sell it right away to minimize your loss. if you always do this you won't run the risk of significant losses, but you will have modest gains, which will add up in the long run.