FormerXBC Inc XEBEQ

RE:RE:RE:Warren Buffett: Buy, hold and don’t watch too closely

[Newtrader1982]

That mentality may work for amc, gamestop and bitcoin but xebec is a long term investment in a growing company that will eventually become a powerhouse. Will there be ups and downs along the way absolutely but as they say time in the market is better than timing the market.

ddogold wrote:

Newtrader1982 wrote:
and yet there are thousands of traders that make a living off buying and selling quickly, taking advantage of market fluctuations all the time. I get the point he is trying to make but to just dismiss trading completely as if noone is successful at it is just incorrect in my opinion. But also yes buy good companies and hold for long time builds wealth says the billionaire cheapskate who bought in the market long long ago when prices were not nearly as high.

Exactly so . There are many ways to invest . In the end most here are in it to make a profit . Get in at a comfortable price , sell a portion on the way up ( rarely at the top ) and rebuy those shares when a correction comes ( rarely at the bottom ) . That works for me . To each his / her own .glta