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re: Investing Advice for a Noob
Posted on 2/1/13 at 4:34 pm to Janky
Posted on 2/1/13 at 4:34 pm to Janky
quote:
I have read it several times. My argument would be that you can't realistically compare anything longer than 5-10 years, because holding periods generally aren't 20-30 years.
Ah, I could understand that sentiment. IE either through irrational moves or the nature of human life, investing in general, etc.
I thought Random Walk talked about 5-10 year time frames? I had read about 3 or 4 books about indexing in general, so much of Random Walk's advice was rehashed to me so it didn't have quite the same profound effect on me as others. I was pulling from all those works together and from memory so,
I stay out of stocks for now just because I know I'll get worked. But some day I'd like to get into them a little bit after research and see if I have my "pulse" on certain companies, etc. Plus, they are certainly more fun.
This post was edited on 2/1/13 at 4:36 pm
Posted on 2/1/13 at 5:08 pm to Teddy Ruxpin
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