Post by
SargeX on Mar 12, 2024 1:41pm
What happened to all the so-called long term invetors
I really find it quite amazing that so many people that say they are long term investors are fretting so much about short term stock prices. Unless you are a short ter/day trader, who the heck cares what the algos/shorters/etc are doing.
As a "true" long term investor, I only care about what BCE does in the next 10 years or so. I am really confident that BCE will adjust their business model to fit the factors like the CRTC silliness.
Time for lots of people to just chill out.
Ciao
Sarge
Comment by
SadieLadyCO on Mar 12, 2024 2:02pm
Sarx...Not the point long term trader/HOLDERS such as I hate to see these price. It is a little concerning OK
Comment by
SargeX on Mar 12, 2024 2:40pm
I still disagree on that line of thinking. The only time the short term price should matter is if you are selling or buying. Otherwise, I don't see what difference it makes.
Comment by
DeanEdmonton on Mar 12, 2024 2:22pm
Sarge - good to hear from you. We are usually on the same page but this time, I am REALLY glad I sold off most of my position at $64. Quite happy buying back most of it in the $48 range. I like the dividend yield like I posted earlier, but I sure don't mind picking up stock at a $14 discount.
Comment by
Red_Deer on Apr 02, 2024 12:30pm
This is SOUND ADVICE/Commentary by 2 SH Top Gurus !!!!!!!
Comment by
BSdetector2016 on Mar 12, 2024 3:38pm
Remember the generation that you are dealing with (not ours). Extreme long-term is the time between cell phone upgrades. That's the benchmark.
Comment by
SargeX on Mar 12, 2024 4:02pm
Hey BSD Good one. I definitely got a chuckle out of that one. There really are a ton of DIY invesotrs that should just be buying a couple all in one type ETFs and skipping the individual stocks. Take her easy Sarge