That's the problem with the retail side of investing (or burning your money as I like to think of it). People hear stories of how others made a killing on stocks (mostly old stories from the late 90s where a monkey could pick a stock from a hat and still be profitable) and want throw some money at it thinking they will have the same success. Problem is, many of these people don't have knowledge of the market and they just let it sit without constant daily monitoring of positions. Then they blow up and have to liquidate their kids 529.Originally Posted by jcp123
Holding a position is stressful as hell when you're away from the computer with access to an account. If you can't treat your "investments" as a full time job then you shouldn't be doing it on your own... pay a professional to manage your funds because the everyman wont win in most cases.
Reply With Quote