LONG TIME NO SEE - Anthony
Dang! It's been 2 1/2 years since my last post on this thread, time flies when yer having fun. I don't even think you remember me.. <hehe>
I log into Silicon Investor once a year for 5 mins, I pretty much have abandoned online forums and just sat down two years ago and learned to day trade, but it's difficult when you have a regular job during market hours <heh>.
I got tired of trading and burn't out so I stopped doing it 14 months ago, I just hold one stock now for the long haul... Shortly afterward, the market fell apart, tech stock wise. ouch.
Today I spend the day looking for information on what happened to some of the famous people who lurked this board, ranging from penny stock hypsters to whomever rung a bell in my mind. Seems like all these people are long gone.
I came to this forum in 1995-1996 and followed the penny stock camp for curiosity/education. Today, 5-6 years later, there is nothing left, no company, no hypsters, etc.
I found some articles today on T.J. <abreviation>, I was curious to what happened to him. What an amazing story - busted. What I find not so amazing is all those penny stock failures, pretty much all of them are toast today.
So, out of all the people in my PeopleMarks, you are the only one that is going strong so I'm curious on what you have been doing for the past few years.
Anyways I wanted to know your opinion on one thing if I may ask.
Day Trading vs. Investing
Which one is better from a risk point of view?
The reason I ask is this. So many co-workers and friends have been severly punished by the tech stock colapse in the past year, people losing their life savings and even losing borrowed money. I look back and wonder if they day traded vs. invested, would they be in a better situation because their losses would only be the loss of "one day's work" vs. months of a bear market.
Wishing you the best of luck,
Joe |