DD Support Board and Research Team

[dukeb]

I stopped trading because I don't have the time to do company research. Besides, I think it's been proven that, especially when considering the tax implications, most investors would be better off in broad market index funds. So that's where I sit.

I have an acquaintance who's a broker and he will occasionally suggest that I give him some money to invest on my behalf. In particular he had a beaten down tech play that he thought was interesting. I watched it go up by about 20% in a matter of a few weeks and kicked myself a bit for not acting. Then the company came out a quarterly that missed both revenue and profit targets and laid out a gloomy picture for the coming year or two. The stock immediately dropped below the level where I started matching it.

So any thought of actively trading went out the window once again.