SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: METMAN who wrote (27915)4/21/1999 1:06:00 PM
From: Gregg Powers  Read Replies (4) of 152472
 
To all:

As for the merits of day trading...

Had you bought QC at the IPO, and promptly gone into a cave for the next seven years or so, you would have emerged with a compound rate of return on your investment near 50%. Most investors get so 'cute' trying to time the swings in and out, that they maximize their cash taxes and snatch defeat from the jaws of high-return victory. Oh well.

All the best,

Gregg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext