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Posted on 4/19/24 at 3:33 pm to wmtiger69
quote:
What is considered long term? 10 years?
Until you need the money or you don’t believe in the company anymore
This post was edited on 4/19/24 at 3:36 pm
Posted on 4/19/24 at 3:43 pm to wmtiger69
quote:
What is considered long term? 10 years?
Good question. IMO, it’s somewhat age and circumstance dependent. But generally speaking, if one cannot (comfortably) stay with a long position for at least 5 years, it would be better to either not take the position or consider it more of a “tradeable”. But your mileage may vary.
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