$Tesla (TSLA.US)$ sell tesla buy Alibaba and hold for 10 yea...
$Tesla (TSLA.US)$ sell tesla buy Alibaba and hold for 10 years
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102355763 : Hold so long for what when we can always take profit along the way and buy again when the price is low? U want others to hold the price stable for u issit? Or to help u push up to the price level that u bought at, so that u can sell?
DonkeyGenius OP 102355763 : Why all the billionaires investors like buffett, munger don't do short term trading and still become rich? Because they can hold a stock for long and not rely on short term profits.
102355763 DonkeyGenius OP : Huh? As a retail investor, how many shares can u buy as compared to those institutional investors? They also buy and sell at times. Hold 10 years? What u expecting? The dividends?
DonkeyGenius OP 102355763 : Well statistics proven that long term investing beats short term trading... Look at forbes and name me 1 professional trader who became wealthy from trading.
102355763 DonkeyGenius OP : How many Tesla or Amazon shares do u have?
DonkeyGenius OP 102355763 : If you are highly confident a stock can go up many folds. Why sell it and try to time the market?