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<p>[QUOTE="Clawcoins, post: 2882471, member: 77814"]Back in the old days when the DOW was around 2,000 "buy and hold" was a good "Basic Concept". When globalization hit I think that concept should have never been used again.</p><p><br /></p><p>My stock picks, which are few, are doing very well some up 85% since March. Other previous year picks up over 300%. It takes time for correct picks though and one shouldn't be in a hurry to invest.</p><p><br /></p><p>I've never really trusted an Investment Advisor going back to when one was trying to get me to buy Kuggerands even after they were banned in the US in the mid 80's. </p><p><br /></p><p>Most advisors tell you what to buy and never think of it again. The advisors may be "advised" by an Analyst. I was an analyst once before for a short time, as they prefer stuff where they made more money in better interest of themselves than their clientele. IMHO[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2882471, member: 77814"]Back in the old days when the DOW was around 2,000 "buy and hold" was a good "Basic Concept". When globalization hit I think that concept should have never been used again. My stock picks, which are few, are doing very well some up 85% since March. Other previous year picks up over 300%. It takes time for correct picks though and one shouldn't be in a hurry to invest. I've never really trusted an Investment Advisor going back to when one was trying to get me to buy Kuggerands even after they were banned in the US in the mid 80's. Most advisors tell you what to buy and never think of it again. The advisors may be "advised" by an Analyst. I was an analyst once before for a short time, as they prefer stuff where they made more money in better interest of themselves than their clientele. IMHO[/QUOTE]
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