Discussion in 'Community Board' started by Rickat96, Oct 24, 2018.
I own both, DVC has done much better the last few years
Now here is someone who has figured it out. If you are into trading you sell high and buy low. This is hard to do. Why? EMOTIONS!!!
Believe it or not the people who invest long term make more money in the same time period than someone who is buying and selling. They miss out on the up tick of the stock plus every time you buy and sell there is a commission. There are brokers who encourage this. That's how they make their money. It is called churning. You could find out you have stocks whose prices are going up and your bottom line is going down. Where has it gone? Commissions.
It is like the casino. They keep up to 5% per winnings. Play long enough they will have all your money..
Yes, we are overdue quite frankly for another correction. We have been trending up for too long. Just stay the course and the market will rebound. If you are near retirement you should have shifted to less volitile investments by now.
Hopefully everyone actually learned a lesson in 2008 and is prepared for the next time it happens. If you actually prepare for it recessions aren't something to fear, they are opportunities.
And the roller coaster is still going, DIS is back up again in after hours trading. Beat Fourth quarter eps by 11%. I would say that's a good start, I guess we will see what the morning brings.
Gotta look at the long haul.
11/11/2013: Opened at $68.48 per share.
That's a +74% change in investment.
If you bought it in 1962, it would have been $0.09 per share.
my oldest shares were a gift. I don't know when they was purchased but the certificate is dated June 18, 1986. the close that day from Yahoo Finance historical data was $1.92. these have split 12 for 1 so the share value would have been $23.04 per share at the time.
my oldest purchase was April 20, 1987 for $64 a share or $5.33 in today's share numbers.
$118.00 closing price 11/09/18
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