Portfolio_Books

I'm not a financial advisor but I was an equity analyst for many years before becoming a journalist. I personally would only evaluate a long term stock holding based on its fundamentals - you are buying a part of a business, not a squiggly line with a ticker symbol.

Thanks. I get a lot of emails about being a shill or whatever. I don't own stocks and can't accept as much as bus fare from a person on Wall Street - I just get a salary. I've been writing about the stock market for 29 years and there are still things I don't know, but I know more than most. You're entitled to your opinion - I'm just here to answer your questions.

The evidence is very clear that your level of activity is inversely correlated with your returns . A long term investor in low-cot products who avoids panicking in bear markets or chasing bubbles will outperform 85% of retail investors and 80% of fund managers over any 10 year period

Of course you will hear people who made a fortune on ver concentrated bets, but the odds were against them.

Okay. So one of you thinks it was "coordinated" and one doesn't. I guess that's a loaded word.