Anavex Life Sciences Corp (AVXL)

[Gator328]

Huh? There are all sorts of charts and data that provide supporting evidence that having a long-term perspective is the easier and safer path toward prosperity. Inherent in the long-term thesis is that there'll be a few period of downturn or loss but when the market rebounds those losses are quickly erased.

Traders can make money too but it's a lot more work for more risk and, again using historical statistical data, less overall reward after a 10-15 year or longer period. Missing the market's top 30 days over the last 30 years would have resulted in an 83% decrease in performance than someone who followed buy-and-hold. Plus, who wants to spend all their time in front of a computer babysitting stocks and posting on message boards?

There's nothing wrong with long-term investing if you're invested in the right companies. Anavex (for now) is not an investment, it's a gamble and as long as one keeps this in mind, looking at it objectively versus other stock market gambles -- its risk/reward profile is better than almost all of them.