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Reply #5: People used to buy stocks the way they used to buy homes... [View All]

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Home » Discuss » Topic Forums » Economy Donate to DU
Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-15-10 10:42 AM
Response to Reply #4
5. People used to buy stocks the way they used to buy homes...
For the long term but no more which is why homes and the stock market are poor investment choices for the average person versus ordinary savings.

All this "buy then sell" ten minutes later because the stock price went up or down a dime is what causes most of the mess.
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