Thursday, July 25, 2013

The Short-Term Investing Trap



There are two kinds of investors. Traders who need daily quotes which can often be unrealistic. And long-term investors who get misled and potentially hurt, should they wander occasionally into short-term transactions without knowledge of the game they’re in.

Long-term investors who let themselves be guided by volatile daily quotes can always be in for a rocky ride where the odds are tipped against them.

They have obviously lost their strategy and discipline. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)

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