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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Zincman who wrote (135237)	10/28/2008 10:46:38 PM
From: loantech	Read Replies (1) \| Respond to of 312813

Hey it's all cool what you said was right. You are no idiot. Tom

To: Zincman who wrote (135237)	10/29/2008 10:00:49 AM
From: No Mo Mo	Respond to of 312813

There's some valuable wisdom in that post. Better to share. <g> The tradeoff between profit and time invested needs to be examined very closely. One also needs to look at "quality" of time invested. 8 or 10 hours a day in front of a computer....? YEARS can go by with little to show for it but a flat portfolio and LOTS of stress. The average retail investor is up against some very smart, very well-connected people with formidable resources at their disposal. You can burn a lot of time trying to beat them. I certainly have the past couple years. Trading in and out would have helped me make more profit. Different investing styles work for different people, though. Talked to a friend the other night. He started in the investing (professional - OPM) biz in 1980. He and his first mentor had a "tortoise and hare" contrast in styles. He traded all the time. His mentor bought only occasionally. After three years, they were about even in their performance. My friend spent thousands of hours in front of his computer His mentor spent a couple hours a week.