GREY:NMKEF - Post by User
Comment by
mick1888on Aug 10, 2019 7:12pm
73 Views
Post# 30015218
RE:RE:RE:RE:RE:RE:RE:Assuming that NMX stays in the 22 cent to 26 cent range over
RE:RE:RE:RE:RE:RE:RE:Assuming that NMX stays in the 22 cent to 26 cent range overCanadaC - no doubt you and many other posters are excellent investors and expert at what you do, but as I suspected reading many of your comments, you really have no idea what is Long and why we are Long. Go into any pension investment platform and you will discover that the recommended minimum length of time to hold a position is 5 years and more common longer (10yrs) to smooth out the peaks and troughs of growth... ;-)
Some bashers should really take the time to understand the other side of investment (it's not all about a quick buck) prior their comments about Long.... ;-)
GLTA
CanadaCoin wrote: mick1888 wrote: Simple question to all ye bashers - what do you regard as LONG?
I'm not a basher, but I'll take a stab at it. I'm a truth teller actually. :-)
A 'Long' position is about 2-4 years out. Anything more than that is just conjecture and fantasy.
Market cycles will come into play....and Long positions should turn into Short.
Technology is forever evolving. Beta or VHS? DVD or BlueRay?
China or the US?
Long positions need to be re-evaluated on an annual basis.
Bears and Bulls.
There are even appropriate times to move out of 'Banks'.
Recessions and Depressions.
There are times one should move out of a Long position and into cash.
The best laid plans.
Can management carry the day?
Cut your loses?
Go Long?
For how Long?
:-)