wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 26,553
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In what way. I am a longterm investor in property. I have made many posts in the property thread saying this.
Review Warren's comments, which you apparently endorse, then review your comments in the property thread.
I know what warren said, and I know what I have said, But I don't know what you think I have said.
I know what Warren said and I know what you said, but I have no idea what you think you said.
What did you think you said?
Different scales.
The XAO is around 4200 and the DJIA 11200
Ah well, percentage wise im about 8%. How about you?
At around 22, i think we are doing well to be interested enough in investing to give it a go and learn lessons for the future.
But when you compare two stocks or two indexes on yahoo the chart that is produced comes out in percentages - so the scale shouldn't come into it.
Well Dr.
By the looks of it - if I invested AU$100 into the asx at the start of August last year today I would have about $90
However if I invested $US100 into the dow jones I would now have $110.
Still don't get why their index is doing better than ours.
I find there is always too much emphasis on buying, and when to buy. Buying is incredibly easy.
Selling is much harder.
Being able to sell at the right time for the right price distinguishes a good trader from an amateur.
Good point...selling is the flip side of buying and thus perhaps just as important to consider, 2 things determin profit...the price you buy at and the price you sell for, and to expend on that perhaps the flip side of that is the price you don't buy at and the price you don't sell for.
Selling at a loss because the market has moved outside your narrow comfort zone is not something im comfortable with.
Trade size? Brokerage? Tax? I can see your point, but there are some practical aspects to think of here.If you trade once per day and make a modest 1%, how much do you make? This is a compounding question and if you are unaware of it, what are you basing your exit strategy on?
Trade size? Brokerage? Tax? I can see your point, but there are some practical aspects to think of here.
Life
Your figures are about right.
The main reason would be a few Trillion Dollars
Whack that into our economy and watch the growth!
If you trade once per day and make a modest 1%, how much do you make? This is a compounding question and if you are unaware of it, what are you basing your exit strategy on?
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