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Strategies & Market Trends : Investing during a Bear Market
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To: Joan Osland Graffius who wrote (195)11/14/1997 11:56:00 AM
From: Richard Estes  Read Replies (2) of 226
 
A real buy and hold sucess story. A rarity indeed! You have alot more to play with than the jonnie-come-latelys. Your record should be held in esteem by all. Now lets talk about someone who bought a stock 2 years ago and the stock goes down 50%, they should first let their capital decrease by 50%, then they should buy more? What happens when it goes down to 75%, buy more? Oh, buy puts. You can't time the market based on funnymentals. And most here will say market timing doesn't work.

You will pay uncle sam someday or your heirs will. Taxes won't go away, they are part of the cost of business.
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