|
I only meant to say that "I agree" with the JP analyst, not that I am with or associated with him. The last sentence of your 2nd paragraph is what it's all about. I would add that investing is actually pretty easy. You have to break down your time horizon, your risk and your investment objective (high growth, income, etc.) and buy stocks that meet these criteria. It's when you blur these together and forget what you're in it for, you lose. I'm as guilty as the next guy. And, you get burned, 9 times out of 10, when you try to time the market or a particular stock. When you decide on a stock, buy it and forget about it. Check back in every so often and re-evaluate if the stock meets your objectives. Don't mean to be simple, but that's all it is. To me, CSCC meets my objectives, I have time, I'm willing to risk it all, I look for companies that are solid, high growth companies that happen to be temporarily out of favor (I guess you could say that I'm a contrarian). But, I stick with growth companies in promising industries. |