EnlightenedJoe
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Example. Barclays
Been seeing people for the last 8 year's, say as you do now. And u still see investors still holding since 2007, averaging in, trying to buy hopeless value. (barc be 70p within 18 months).
Investors earn the dividends. The price fluctuation is irrelevant. Buffet would have told you: the market is up in the long term and he's right because the market always go up - just go look at the charts.
Had you followed his advise and bought when you were 10. By 60 you would probably have been richer than buffet and it wouldn't have taken much work. Instead you play the casino, and do silly deal like buy high sell low.