SPY for long term investment
I only have a few options for long term investment. Only choose those have a very good uptrend.
1. $SPDR S&P 500 ETF(SPY.US$
This one never been go wrong. Just buy on the dip whenever you have money. Keep it for long term.
This one never been go wrong. Just buy on the dip whenever you have money. Keep it for long term.
Tips : Only buy on the dip and put trailing stop 1.5% for SPY because this is daily range for SPY.
As for MSFT that has daily range 2.4%, I will put trailing stop 2%.
As for MSFT that has daily range 2.4%, I will put trailing stop 2%.
You'll be surprised with the result when you're using this method.
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Howardy : $Microsoft (MSFT.US)$ 338-340 coverage my next TP.