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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC

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To: Mama Bear who wrote (767)6/18/1999 2:59:00 PM
From: Mary Baker  Read Replies (1) of 1150
 
Yes, it did go from 20 to 10...

Now this is where you and I differ in our approach to the market place. I tend to "invest" and from what I gather you tend to "trade"

Trading is not for me. And from the countless books, articles, columns, and advice I have read...it is the long term investor who statistically wins out over time. I tend to believe this. I have tried "trading". It seems that as soon as I "sell" one stock and buy another...I would have always been better off keeping my original holdings.

Now, I am not in this market for "current income". I am in this market for "growth"...ergo: Long term investor. What RRRR does in the short run (meaning months to years) has no consequence to me.

And my 3 bagger I am holding now---would be tempting to most "traders"...but that is not my approach.

Anyway, I am off to the beach...and hope to learn a few tricks from you in the future...

Aloha,
Mary
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