http://www.debtkid.com/no-more-buy-and-hold-strategy-for-me Debt Kid - I'm Getting Out of Debt Sat, 21 Nov 2009 02:42:10 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://www.debtkid.com/no-more-buy-and-hold-strategy-for-me/comment-page-1#comment-19152 MoneyEnergy Mon, 27 Apr 2009 05:39:20 +0000 http://www.debtkid.com/no-more-buy-and-hold-strategy-for-me#comment-19152 That's interesting to hear.... for me, I've never been of the "trading" mindset. I don't check my stocks everyday like that. I'm confident in the stocks I bought. I've researched their companies or at least know their products. My holdings went down about 25% in the 2008 crash, but I know most of that is going to come back. Maybe I'm overconfident. But as a result of the crash, I do have new plans in place to divert more of my investsments into "safer" vehicles as a way to help preserve wealth. I'm not waiting until I'm 50 to start doing that. That’s interesting to hear…. for me, I’ve never been of the “trading” mindset. I don’t check my stocks everyday like that. I’m confident in the stocks I bought. I’ve researched their companies or at least know their products. My holdings went down about 25% in the 2008 crash, but I know most of that is going to come back. Maybe I’m overconfident. But as a result of the crash, I do have new plans in place to divert more of my investsments into “safer” vehicles as a way to help preserve wealth. I’m not waiting until I’m 50 to start doing that.

]]> http://www.debtkid.com/no-more-buy-and-hold-strategy-for-me/comment-page-1#comment-19138 Steven@hundredgoals.com Thu, 23 Apr 2009 18:59:15 +0000 http://www.debtkid.com/no-more-buy-and-hold-strategy-for-me#comment-19138 I agree. When I started stock picking I was checking my stocks every day, multiple times a day, watching the stock tick up a couple of pennies then back down. I don't know where my obsession came from! I still have those stocks, but I don't check them very often. I have the mindset of long-term growth over short term gain. I agree. When I started stock picking I was checking my stocks every day, multiple times a day, watching the stock tick up a couple of pennies then back down. I don’t know where my obsession came from! I still have those stocks, but I don’t check them very often. I have the mindset of long-term growth over short term gain.

]]> http://www.debtkid.com/no-more-buy-and-hold-strategy-for-me/comment-page-1#comment-19126 Cathy Tue, 21 Apr 2009 05:12:53 +0000 http://www.debtkid.com/no-more-buy-and-hold-strategy-for-me#comment-19126 Hear, hear! I never really allocated my 401K into stocks or even mutual funds. I just couldn't shake the feeling that I was gambling somehow. Hear, hear! I never really allocated my 401K into stocks or even mutual funds. I just couldn’t shake the feeling that I was gambling somehow.

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