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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: Rocket Red who wrote (19794)9/2/2006 8:23:05 PM
From: Claude Cormier  Read Replies (2) of 78408
 
You are right. There are the Enrons and Nortels.

But holding long does not mean you should not review your choices once in a while. You are allowed to make changes in a longterm investement portfolio. BTW, long term investing doesn't mean for life. It means you keep 6 months, a year or more compared to a few hours, a day or a week.

And if your portoflio is balanced with positions in the 2-15% range. Then a total loss on one single stock, assuming you are very unlucky, can be digested without too much pain.
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