Quote:
Originally Posted by hadden
Buy mutual funds, life's short
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According to the knowledge that I have, buying mutual funds is not a good advice. It is because it is better to sell and buy quickly (trade), instead of investing long-term, at least according to the method / system, that I've used. On the other hand, people like Warren Buffet, seem to invest long term too... With what I am talking about, you select the best / stronger stocks, buy them, and get out, in case you start losing money, so you never lose more than 5 or 10% of the price paid. It is very likely to happen with mutual funds.