Re: Index Funds vs Individual Funds
I would never buy a uranium stock- i have absolutely no idea how much the stocks or uranium is worth. Just because there are many people on here who have gold, uranium, timber, penny stocks, poker stocks( I do own CRYP actually), 50 PE growth stocks, etc as 1/2 of their portfolio doesn't mean that I'm one of those people.
I don't really understand your point about RoR- unless every company I own goes bankrupt, how can i possibly be ruined? If my stocks tank in price, I'm very likely to buy more of them- I don't see the risk here. After all, their intrinsic value has nothing to do with current market prices.
I assume we're all talking about long term holdings here- short term price fluctuations should be seen as nothing but buying opportunities. I have only made about 8-9 trades so far in the two years i've had my brokerage account open- and I currently have about 7 long positions that I can't see closing out any time in the next 20(+++) years.
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