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Hercules1

04/24/19 7:00 PM

#1664 RE: Dennisb68 #1660

Exactly.


Great post.
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Go_Getter

04/24/19 7:08 PM

#1665 RE: Dennisb68 #1660

And again, I wish you well on your hope-based longterm hold.

But since you brought up numbers:

Instead of putting that same 10k in a stock (any stock) with the hope it'll go to the moon "in a few years",

Competently daytrade it over a year.

2019 has 252 trading days. Averaged out earning of $500/day is $126 000 of earnings in one year + your original 10k. If we average it out to two years, that's over a Quarter Million.

Far more likely than the "buy and hope for a few years" strategy. But that's Me.

GLTA.