3 ms·
Not sure if you're pulling my leg here with the stock picking suggestion; but directly holding stocks seems to be overall a losing bet for retail investors. A f
by solidsnack9000 7y ago
Not sure if you're pulling my leg here with the stock picking suggestion; but directly holding stocks seems to be overall a losing bet for retail investors. A few do well but most don't; and that makes sense because retail investors have full-time jobs and they're up against traders whose full-time job is investing.
- WalterBright 7y ago> directly holding stocks seems to be overall a losing bet for retail investors I'm not pulling your leg at all. I've been holding individual stocks for 40 years, started buying since my first job. I spend very little time on it, I just buy and hold, and hold, and hold, and hold. I still have the stock I bought 40 years ago. It's the constant trading based on emotion that'll eat you alive. Statistically, the most successful investors are dead people (while their estates are in probate) because they aren't trading. I'll ride a stock all the way to zero (hello Enron), but most of the time it works out well.