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To: DR. DODE who wrote (1621)2/13/1998 5:11:00 PM
From: JSB  Read Replies (1) | Respond to of 6464
 
I have lost money on stocks before, can i get it
back for the SEC? NOT. holding for the long
term JMHO

jeff



To: DR. DODE who wrote (1621)2/13/1998 6:01:00 PM
From: Scumbria  Read Replies (1) | Respond to of 6464
 
I agree.

Investors who have the discipline to hold stocks until they exceed the buy price, obviously will always make profit. I have never held a stock that did exceed the buy price sometime during the next two years. Many have gone up 5-10x or more during that period.

People who invest with a "get rich quick" attitude usually accomplish the opposite. It is unfortunate when they lash out and hurt others in the process.


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