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Old 04-08-2010, 10:17 PM  
will76
Making $$$$ w/ ClickCash
 
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Join Date: May 2003
Location: USA
Posts: 18,037
Quote:
Originally Posted by CyberAge-Dave View Post
I've been really involved in the last year and having fun, Day Trading since I get up super early now that I have Twins.

BUT, what I have learned doing my Accounting for the last year.

If I didn't day trade and I just sat on 90% of the stocks I bought, I would have been up 25-35% on my investments instead of 7%

Day Trading is fun, don't get me wrong. But looking at what I could have made by just letting it sit, is Depressing.

That's my tip of the Day!

Moral of my story, I'm not day trading anymore.
Sock it away in mutual funds through a retirement plan, and don't worry about the ups and downs. Just let it go. And let it grew tax deferred, or tax free if you can do a roth.
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