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Re: Phattwoohie post# 366

Friday, 11/03/2017 10:33:39 AM

Friday, November 03, 2017 10:33:39 AM

Post# of 715
It's amazing that you're making price predictions for your first stock that even Warren Buffett wouldn't dare to make for any of his well researched investments. Buffett knows damn well that bad stuff can happen to even the best stock.

Understand that MOST stocks do far worse than money in the bank. Of course rare winners do fabulously and account for stocks' out-performance over time. That's why diversification is vital. And best yet for most investors an Index fund is the way to go.

It's plain dumb to bet your retirement on one lottery-type stock that's in a field you know almost nothing about.

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