LRDave
Thinks s/he gets paid by the post
Buy-and-Forget Portfolio: 10 Stocks To Last The Decade | The Big Picture
Just set it and forget it!!!
Just set it and forget it!!!
Since everyone of the 10 stocks on the list is a loser, don't even set it, just forget it.Buy-and-Forget Portfolio: 10 Stocks To Last The Decade | The Big Picture
Just set it and forget it!!!
Dunno about Apple or Google though. Even MS is iffy for me.
Looking at the list in the OP link, I remember that Nokia was the king of 2G PCS phones back in 2000. Nortel was also big. Nobody talks about Nokia anymore, and when Nortel died a couple of years ago, there was practically no mention of the event in the media.
About "buy the index and forget", how did Japanese investors fare who bought the Nikkei and then forgot?
Yes, there we go. My point is that one never buys then walks away.Nikkei plus JGBs plus a broad international ex Japan fund - even better I am sure.
First... full disclosure of a personal nature: Barry and I shared a house for a month or so during college; and he and I served on the student government at the same time. He was a great guy and from all indications I am sure I'd still feel the same way today.Buy-and-Forget Portfolio: 10 Stocks To Last The Decade | The Big Picture
Just set it and forget it!!!
First... full disclosure of a personal nature: Barry and I shared a house for a month or so during college; and he and I served on the student government at the same time. He was a great guy and from all indications I am sure I'd still feel the same way today.
Second, I did some of this silly stock picking stuff myself twelve and a half years ago. I picked four stocks, though, not ten. DD, IP, SBC and CAT, in equal measures. Folks may recall these were the Dogs of the Dow at that point. As of October of this past year (the last month I held all four positions), DD was down 3.31%, IP was down 2.71%, T (SBC) was down 14.2%, and CAT was up 374.95%, so on average these holdings gained about 80% over twelve and a half years.
In 2002, I put some money into Vanguard 500 Index. Coincidentally, that holding has gained more than 80% over just ten years, underscoring the lesson that I'm better off with broad market indices than with trying to pick some magical combination of stocks that will beat the market.
First... full disclosure of a personal nature: Barry and I shared a house for a month or so during college; and he and I served on the student government at the same time. He was a great guy and from all indications I am sure I'd still feel the same way today.
Second, I did some of this silly stock picking stuff myself twelve and a half years ago. I picked four stocks, though, not ten. DD, IP, SBC and CAT, in equal measures. Folks may recall these were the Dogs of the Dow at that point. As of October of this past year (the last month I held all four positions), DD was down 3.31%, IP was down 2.71%, T (SBC) was down 14.2%, and CAT was up 374.95%, so on average these holdings gained about 80% over twelve and a half years.
In 2002, I put some money into Vanguard 500 Index. Coincidentally, that holding has gained more than 80% over just ten years, underscoring the lesson that I'm better off with broad market indices than with trying to pick some magical combination of stocks that will beat the market.