Monday, August 06, 2012 9:22:07 AM
"...trying to buy and sell hasn't worked out for me." It usually doesn't. No one on this planet knows the best time to buy and sell. I have told Mojo this countless times. TIMING THE STOCK MARKET IS IMPOSSIBLE. Many professionals have tried and died, so how can we do it.
This is why I tell people to investigate any company well, and if you feel it has potential, then invest in it. If it goes down when you buy it (and that is a 50-50 chance), then you can buy more or sit tight. If it is a good company, it will come back. All this investing stuff takes patience, and people who jump on and off of stocks have none.
As I said several other posts to Mojo, set up a monthly dollar cost averaging plan with a balanced mutual fund (50% stocks 50% bonds) like the Vanguard Wellington Fund (Call Vanguard and ask for an application and systematic withdrawl form). They will take as much money as you want them to out of your checking account. They pay a good dividend, so reinvest everything. The more you put away each month, the more money you will have at retirement.
And, if you have extra money, keep buying KBLB at these prices.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM