Quote:
Originally Posted by Rmtt
Yeah...my boss bought a huge amount around $95....then sold around $165. I mentioned it a few weeks back as a potential buy.
But he bought and I didn't. But he also has a lot more money to put into it than I would. I was looking at maybe 100 shares. He bought a lot more than that.
Oh well.....nothing I can do now.
One I will be watching is Park Hotels as one to hold. It's selling around $7.00 last I looked....and could potentially go back into the $30 range once things pan out. But it would take awhile.
But it's also a price that most people can get into if looking to get their feet wet with individual stocks without putting too much money into it.
Also remember if you get in and out, you will negate a fair amount of it with taxes. Another reason to hold it longer.
Otherwise....Vanguard ETF's are the safest bets I see for someone who plans to hold for extended periods.
Just make sure it's money you can spare, buy it, and forget about it.
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How are you guys getting in at the bottom and selling at the top?