The best investor is the dead investor (Investing beats trading part 2.)

Discussion in 'Trading' started by Pekelo, Jan 11, 2021.

  1. maxinger

    maxinger

    The WORST investor is the dead investor


    Just imagine you invested in
    Lehman Brothers,
    Barring Banks,
    XOP XOM GE, PCG ...
    you will be really dead.
    You need to know when to cut loss.


    Of course, if you invested in
    TSLA
    BTC
    AMZN ...
    you will be laughing every day every night till death
     
    Last edited: Jan 11, 2021
    #11     Jan 11, 2021
    TrailerParkTed likes this.
  2. #12     Jan 11, 2021
  3. comagnum

    comagnum

    The way I see it , the person who gets to spend the most time doing what they really enjoy wins the game. In big cities they are always finding deceased people that turn out to be ultra rich misers/hoarders living in slums.

    Many investors & those that held good jobs forever have a lot more $ than me, but I doubt even 1 in a million spent more time than I have on the best beaches & surf in the world when still young enough to make it really count, trading being the enabler. Investing is cool if your lucky & can wait years to decades.
     
    Last edited: Jan 11, 2021
    #13     Jan 11, 2021
  4. SunTrader

    SunTrader

    So true a lifetime of good memories beats a pile of cash ... that "you can't take with you". :thumbsup:
     
    #14     Jan 12, 2021