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....just because you are honest and admit that you don't know, don't make the mistake of thinking that others here do. And whatever you do, do not take financial advice from people on a forum - especially this one. When it comes to economics and finance, if you can see through some of the laughable claims here and assume that nobody has the faintest idea what they are talking about, then you won't go far wrong.
Think of it like sex when you were a teenager - the kids who used to brag about their prowess with girls (or boys) probably wouldn't have the first clue what to do if they were actually confronted member of the opposite sex who did actually want to paddle in the love canoe. This is a similar concept....
Don't worry its only money i'm happy to gamble with... Lots of salt taken with all advice....
I have a question, if you're in it 'for the long term' and have done a buffet style purchase of stocks based on your understanding of their fundamentals for long term growth, when do you ever sell?
I watched that Evan Davis program the other day when buffet was interviewed, he just buys and holds for years, what's the point of that eh
I have a question, if you're in it 'for the long term' and have done a buffet style purchase of stocks based on your understanding of their fundamentals for long term growth, when do you ever sell?
I watched that Evan Davis program the other day when buffet was interviewed, he just buys and holds for years, what's the point of that eh
So that he can say he's the richest man alive.
I suspect the income from the dividends on his billions might get spent whilst he holds the underlying shares.
If you are selling, wait for price to come up to a previous level of resistance, and then sell.
Most retail traders are scared of selling into a bullish candle, but that is exactly how to trade.
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