|
|
|
|
|
|
by prewett
1617 days ago
|
|
|
Some days Mr. Market is euphoric will buy at any price; some days Mr. Market is depressed and thinks the world is end and sells for a song; most days Mr. Market is moderately optimistic. But what Mr. Market is willing to pay for your portfolio and what its actual value is are not the same thing. Focusing on the actual value is the important thing (note that the actual value can only be estimated). This pairs well with a long-term outlook. Warren Buffet says "my favorite holding period is forever". If the swings bother you, investing in companies with dividends has the additional upside that they generally pay dividends regardless of the stock price. |
|
|