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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (7657)3/11/2006 2:57:14 PM
From: ahhahaRead Replies (1) | Respond to of 24758
 
Anyway, now you know you don't have to sell an investment to make money.

No. You missed my point. You were lucky that QCOM didn't go bust. Further, tell me the "yield" you would have realized had you held MSFT instead.

You can play with terms to suit your ego all you want, but that doesn't mean those terms mean the same they do to everyone else. On an actuarial basis your QCOM "investment" is no better than a compounding savings account. Let's say the effective yield after 12 years in that compounding savings account was 29%. You took far more risk in the interim to gain a small inconsequential yield difference that you haven't factored into your "investment" expectations.

Please do not argue with professor emeritus in economics and econometrics about subjects which you only know from a pedestrian point of views. Also, I've made and have one helluva a lot more money investing the way I define it than you have through your savings equivalent. That makes you wrong and me right by the Principle of Thrasymachus.