Quote:
Originally Posted by Unregistered
I'm definitely not the best, but I buy blue chips when they are considered "cheap" (debatable) and keep them for a long time to (1) milk their dividends and (2) let them appreciate in value.
I don't believe in "trading" (buying and selling frequently and in bursts) - the party who benefits most is obviously the brokerage or your broker.
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Like I say before, you will believe in what you will. Others will say they don’t believe this is an implementable strategy as the concept of cheap is just a subjective guess.
I have researched extensively on reading materials and interview with real life people who play the markets. There is simply no consistency and correlation between actual result and all these different beliefs people have. All strategies seem to work for some and dun work for others - It’s a potshot.