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Pastimes : Brokerage-Chat Site Securities Fraud: A Lawsuit
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To: CountofMoneyCristo who wrote (1956)7/22/2003 8:02:52 PM
From: Jon Tara   of 3143
 
"In fact, during the timeframe here, 1998-2000, investing was far more dangerous than trading during the day only"

What a load of nonsense.

Sure, if you put all your money in one stock.

I'd wager that most longer-term investors with a diversified portfolio of tech stocks did MUCH better during this period than most day-traders.

And I was a day-trader.

I managed a 600% return during that period. But, frankly, I could have done better and with a lot less effort, simply buying and holding a portfolio of the same stocks I was trading.

It's all there in the charts, in retrospect.
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