A long term investor does not buy stock that they would have to sell due to a short term cash requirement.
A short term investor buys stock for a quick gain.
You are in control to decide what you want to be. I am long term. No plans to sell period; just accumulating more stock generally on a weekly basis.
Many investors sell too soon. In Silicon Valley there are many cars; pools; etc. that the buyer sold stock to purchase. Biggest mistake in their life. They should have waited for the car; pool and kept the stock. Stupid ...
Set a net worth goal for yourself; your family and stick to it. GLTA