Comments on: Leave Buy and Hold to the Billionaires http://www.michaelkdawson.com/2007/08/10/leave-buy-and-hold-to-the-billionaires/ Spotting Stock Market Trends and Riding 'em to the Bank Sat, 14 Jan 2012 23:14:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Johnson http://www.michaelkdawson.com/2007/08/10/leave-buy-and-hold-to-the-billionaires/comment-page-1/#comment-138136 Johnson Tue, 17 Mar 2009 04:27:08 +0000 http://www.michaelkdawson.com/2007/08/10/leave-buy-and-hold-to-the-billionaires/#comment-138136 Picking up the 'value stocks' and keeping it for certain period will always help during downturn. Picking up the ‘value stocks’ and keeping it for certain period will always help during downturn.

]]> By: miked http://www.michaelkdawson.com/2007/08/10/leave-buy-and-hold-to-the-billionaires/comment-page-1/#comment-36840 miked Tue, 14 Aug 2007 22:50:46 +0000 http://www.michaelkdawson.com/2007/08/10/leave-buy-and-hold-to-the-billionaires/#comment-36840 I don't recall INTC's PE in 2001, but I don't think that it was in the 1000s. I am certain that most people who bought the largest IC company in the world didn't think that they were speculating. Many/most people become long term investors when their stock falls 20%. The point of the article is to sell instead of holding and praying to break even. I don’t recall INTC’s PE in 2001, but I don’t think that it was in the 1000s. I am certain that most people who bought the largest IC company in the world didn’t think that they were speculating.

Many/most people become long term investors when their stock falls 20%. The point of the article is to sell instead of holding and praying to break even.

]]> By: Wealth Building Lessons http://www.michaelkdawson.com/2007/08/10/leave-buy-and-hold-to-the-billionaires/comment-page-1/#comment-36314 Wealth Building Lessons Mon, 13 Aug 2007 19:15:39 +0000 http://www.michaelkdawson.com/2007/08/10/leave-buy-and-hold-to-the-billionaires/#comment-36314 buy and hold works when you buy value stocks. not speculative momentum stocks. Buying tech stocks with PE ratios in the 1000s constitutes speculation. If you're speculating you need to sell at the first sign of weakness. If you had bought Berkshire hathaway instead of INTC in january 2001, buy and hold would have worked for you too! buy and hold works when you buy value stocks.

not speculative momentum stocks. Buying tech stocks with PE ratios in the 1000s constitutes speculation.

If you’re speculating you need to sell at the first sign of weakness.

If you had bought Berkshire hathaway instead of INTC in january 2001, buy and hold would have worked for you too!

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