Thread: Money Investing megathread extravaganza
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Old 05-27-2020, 06:59 PM   #4999
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Join Date: Nov 2001
Casino cash: $1350477
Quote:
Originally Posted by Rain Man View Post
I've ridden a couple of stocks down about that same percentage. My CUK stock (Carnival Cruise) and DHC (a provider of assisted living or nursing homes or both) are both down 75 to 80 percent compared to when I bought them. That hurts.
I've become a big believer in mutual funds just for this reason. I've tried day trading and it's not a winning proposition. Individual stocks are just too volatile and pot luck at best. I only own two individual stocks at this time and I'm a lot happier knowing while I'm out fishing somebody else is managing my portfolio and that's how they earn their money
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