View Single Post
Old 10-29-2011, 12:27 AM  
theking
Nice Kitty
 
theking's Avatar
 
Industry Role:
Join Date: Sep 2002
Location: The good old USA!!!
Posts: 21,053
How many of you play the market?

By that I mean that you frequently buy and sell. I am invested in the market but I do not play the market. I have a diversified portfolio and only have two investments that are even moderate risk...the rest are as safe as investments can be...this reduces returns but pretty much avoids any loss of principal.

When I sold all of my business enterprises several years ago I invested the monies in the market. Even when the market took a giant dump (14,000 to 7,000) I did not lose any of my principle investment...though I took a big paper loss. The market has been on its way up ever since and the paper loss is pretty much back to what it was. I do not touch any dividends...as I have more than enough income to live on...they are just rolled over.
__________________
When you're running down my country hoss...you're walking on the fighting side of me!

FOR THE LYING LOWLIFE POSTING AS PATHFINDER...https://gfy.com/fucking-around-and-pr...athfinder.html
theking is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote