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Re: OR Nurse post# 59701

Friday, 09/29/2017 9:53:32 AM

Friday, September 29, 2017 9:53:32 AM

Post# of 140492
I think a specific number of years is irrelevant - long term is a just protracted horizon. There is no certainty in the market so timeframes depend on how risk tolerant the investor is, and their goals. The bottom line is you rolled the dice which was your choice. You have 0 right to any level of profitability regardless of how many years you've been waiting. Its a high risk stock. If that is not OK, perhaps a money market savings or treasury bill would have been a better investment choice. Those are safer and defined in more rigid timeframes : long term is maturity in 10+ years, less is intermediate and short would be less than 1 year.