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Technology Stocks : America On-Line (AOL)

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To: John Chen who wrote (37486)1/12/2000 8:22:00 PM
From: Anykey  Read Replies (1) of 41369
 
Holding or trading? Re: "May I suggest you try 1. long term holding of AOL. 2. range bound trading (biased on down side) and see which portion of your AOL perform better."

I recall CGarcia saying he turned $130k into $20k "buying great companies like Dell, Intel, and AOL..." Something like that. Buy and hold works the best for me--I have always done better buying stocks I want on dips and holding them. Recently some magazine articles have talked about how most investors think they beat the averages by trading, but that most don't. Buy great companies. Hold them (almost) forever. Easier on the tax bill too. :-)

Rob
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