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That's fantastic! I was never able to hold over long periods myself, but that's an excellent success story you shared. At times like now(bullish), do you conti
by module0000 8y ago
That's fantastic! I was never able to hold over long periods myself, but that's an excellent success story you shared.
At times like now(bullish), do you continue to grow your position or wait for dips? I think there is great long term profit to be had in people allowing fortunes to grow in long term index funds, I just wish I was one of the people who could take advantage of it. My niche revolves around VIX futures contracts and their effects on equity index futures - so very short term(intraday).
- bluGill 8y agoThe account I was talking about was created on a one time windfall (see my other responses), and had no other contribution. Most of my investment is in my 401k, which I max out. As such I'm dollar cost averaging and not otherwise thinking about it (except my last paycheck in December is a mini bonus). My day job is writing computer programs. When I get home every night I have dinner with the family, play a bit and put the kids to bed. This makes it easy to ignore the stock market day to day: I have better things to do than think about it. Once a year I check balances, decide I can't retire yet (won't happen for years) and forget about it.