The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: AUrush who wrote (65433)	10/12/1999 1:53:00 PM
From: JakeStraw	Read Replies (1) of 90042

>>...it always seems my longer term holds do most of the work in my portfolio - and >>then I daytrade here and there to get "gambling" out of my system... Most of my longer term plays have always paid off more than my speculative ones. Someone once asked me if I didn't consider investing to be a form of gambling and I said I considered it to be more of educated guessing! It's really more of a discipline... I'm always long on my core positions & add to them on weakness. My mid term holds I sell when they reach my target price, and my purely speculative plays are bought with current capital gains that can then also be used as a capital loss for income tax purposes if needed.

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