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To be fair, "buy and hold" is probably one of the best investment advice there is.
by thepangolino 8y ago
To be fair, "buy and hold" is probably one of the best investment advice there is.
- superflyguy 8y agoAll companies go bust. Won't you lose all your money that way?
- Uberphallus 8y agoThat's why you don't put all your eggs in the same basket.
- swarnie_ 8y agoNot strictly true. Large traded S&P/FTSE companies are more likely to get bought out then fail outright.
- mulletbum 8y agoTo follow up this question: Isn't that just a gamble too? I buy a company at 10, it goes up to 20, should I get out? I think it will get to 30, the next day it goes to 2 and soon delisted. I can vouch, I have done this. I have no idea what I am doing.
- fred_is_fred 8y agoIf you buy at 10 and it goes to 20, sell half and play with house money if you are worried about it.
- lmm 8y agoNo, that's like saying all lineages die out; there's no reason a company shouldn't continue operating profitably indefinitely.
- superflyguy 8y agoWho mentioned "should"?
- jowiar 8y agoIn theory, companies pay dividends, and the price of a stock is effectively the time-discounted value of all future payments (including any final sale). Separating that from the “bitcoin” part of a stock’s price is, of course, the major question.