Ed: Re: definition of long term investor.
A short term investor, and A long term investor can be one in the same. Is someone that likes the company, invests until something catastrophic happens and quits.
A blind long term investor, is someone that has blind faith, will ride the stock up up up, then down, to the end. Like investors of Segate and Western Digital. Stock hit 50, and some rode it all the way down. This type of investor can call temselves LONG TERM, but not so smart. This investor does not get to use his or her money wisely.
A smart investor, is someone that always computes a buy and sell point, these points change as the stock changes. This type of investor will never get caught with his or her pants down enough to expose private parts. Emotion does not play a part in this type of investing, except, the emotion of likeing the company that they are investing in.
Regards:
rained out, Al |
