I was at a MicroCenter over the holidays, and they were selling MacBooks for $799. And I?m 99% it was the new model, too?that?s what was sitting by the sign, though I didn?t have time to ask for confirmation.
That?s a crazy deal!
That requires a mail-in-rebate which is a gift card for the store that you?ll have to wait until February to get, going by the 8-10 week delay. Then hope you didn?t mess something up or it got lost in the mail or at the rebate center. Personally, I?d rather pay the $50-80 up front at other places for the current MacBook and be done with it. I don?t think I?ve ever filled out a rebate in my life.
However, remember the adage, "buy on rumor, sell on fact"
Keep in mind that investors/brokers are gamblers. They are betting on their future. Like gamblers, unless you are winning, your future is rather bleak.
And if you want to play at their table, you have to follow by their house rules. Otherwise, go elsewhere.
I'm not sure what you're saying here. Investing by adage is a bad idea; if that's all you've got, by all means go elsewhere. Individual investors attempting to be market timers is also a bad idea. The pros can't even do that with any consistency, so good luck to individual investors.
I think most individual investors know, or at least they will find out, that they are along for the ride. It's the institutional investors who call the shots. The best individual investors can hope to do is pick stocks they understand, and hold on for the ride. If they can't stomach that, then they should buy into a diversified range of index funds, set, and forget.
I'm not sure what you're saying here. Investing by adage is a bad idea; if that's all you've got, by all means go elsewhere. Individual investors attempting to be market timers is also a bad idea. The pros can't even do that with any consistency, so good luck to individual investors.
I think most individual investors know, or at least they will find out, that they are along for the ride. It's the institutional investors who call the shots. The best individual investors can hope to do is pick stocks they understand, and hold on for the ride. If they can't stomach that, then they should buy into a diversified range of index funds, set, and forget.
Excellent advice. Many people have trouble accepting these simple, yet robust, facts.
The only thing I would add: Individuals should not only stick to stocks they understand and hold on for the ride, but they should not be getting in on the ride unless they plan to be in it for a while (by which, I don't mean a few quarters).
I'm not sure what you're saying here. Investing by adage is a bad idea; if that's all you've got, by all means go elsewhere. Individual investors attempting to be market timers is also a bad idea. The pros can't even do that with any consistency, so good luck to individual investors.
I think most individual investors know, or at least they will find out, that they are along for the ride. It's the institutional investors who call the shots. The best individual investors can hope to do is pick stocks they understand, and hold on for the ride. If they can't stomach that, then they should buy into a diversified range of index funds, set, and forget.
Quote:
Originally Posted by anantksundaram
Excellent advice. Many people have trouble accepting these simple, yet robust, facts.
The only thing I would add: Individuals should not only stick to stocks they understand and hold on for the ride, but they should not be getting in on the ride unless they plan to be in it for a while (by which, I don't mean a few quarters).
AI does not stand for Apple Investor.
Why are these threads always being hyjacked by these stockholders who think we are actually interested their dribble drabble? Can't they find another place more appropriate for their "theories" and "advice"?
Why are these threads always being hyjacked by these complainers who think we are actually interested their dribble drabble? Can't they find another place more appropriate for their "compalints" and "advice"?
Excellent advice. Many people have trouble accepting these simple, yet robust, facts.
The only thing I would add: Individuals should not only stick to stocks they understand and hold on for the ride, but they should not be getting in on the ride unless they plan to be in it for a while (by which, I don't mean a few quarters).
Absolutely. The last ten years has made fools out of a lot of people who thought they knew how to time the market.
Comments
I was at a MicroCenter over the holidays, and they were selling MacBooks for $799. And I?m 99% it was the new model, too?that?s what was sitting by the sign, though I didn?t have time to ask for confirmation.
That?s a crazy deal!
That requires a mail-in-rebate which is a gift card for the store that you?ll have to wait until February to get, going by the 8-10 week delay. Then hope you didn?t mess something up or it got lost in the mail or at the rebate center. Personally, I?d rather pay the $50-80 up front at other places for the current MacBook and be done with it. I don?t think I?ve ever filled out a rebate in my life.
To each his own.
However, remember the adage, "buy on rumor, sell on fact"
Keep in mind that investors/brokers are gamblers. They are betting on their future. Like gamblers, unless you are winning, your future is rather bleak.
And if you want to play at their table, you have to follow by their house rules. Otherwise, go elsewhere.
I'm not sure what you're saying here. Investing by adage is a bad idea; if that's all you've got, by all means go elsewhere. Individual investors attempting to be market timers is also a bad idea. The pros can't even do that with any consistency, so good luck to individual investors.
I think most individual investors know, or at least they will find out, that they are along for the ride. It's the institutional investors who call the shots. The best individual investors can hope to do is pick stocks they understand, and hold on for the ride. If they can't stomach that, then they should buy into a diversified range of index funds, set, and forget.
I'm not sure what you're saying here. Investing by adage is a bad idea; if that's all you've got, by all means go elsewhere. Individual investors attempting to be market timers is also a bad idea. The pros can't even do that with any consistency, so good luck to individual investors.
I think most individual investors know, or at least they will find out, that they are along for the ride. It's the institutional investors who call the shots. The best individual investors can hope to do is pick stocks they understand, and hold on for the ride. If they can't stomach that, then they should buy into a diversified range of index funds, set, and forget.
Excellent advice. Many people have trouble accepting these simple, yet robust, facts.
The only thing I would add: Individuals should not only stick to stocks they understand and hold on for the ride, but they should not be getting in on the ride unless they plan to be in it for a while (by which, I don't mean a few quarters).
I'm not sure what you're saying here. Investing by adage is a bad idea; if that's all you've got, by all means go elsewhere. Individual investors attempting to be market timers is also a bad idea. The pros can't even do that with any consistency, so good luck to individual investors.
I think most individual investors know, or at least they will find out, that they are along for the ride. It's the institutional investors who call the shots. The best individual investors can hope to do is pick stocks they understand, and hold on for the ride. If they can't stomach that, then they should buy into a diversified range of index funds, set, and forget.
Excellent advice. Many people have trouble accepting these simple, yet robust, facts.
The only thing I would add: Individuals should not only stick to stocks they understand and hold on for the ride, but they should not be getting in on the ride unless they plan to be in it for a while (by which, I don't mean a few quarters).
AI does not stand for Apple Investor.
Why are these threads always being hyjacked by these stockholders who think we are actually interested their dribble drabble? Can't they find another place more appropriate for their "theories" and "advice"?
AI does not stand for AppleStud Insider.
Why are these threads always being hyjacked by these complainers who think we are actually interested their dribble drabble? Can't they find another place more appropriate for their "compalints" and "advice"?
Here, I fixed it...
Excellent advice. Many people have trouble accepting these simple, yet robust, facts.
The only thing I would add: Individuals should not only stick to stocks they understand and hold on for the ride, but they should not be getting in on the ride unless they plan to be in it for a while (by which, I don't mean a few quarters).
Absolutely. The last ten years has made fools out of a lot of people who thought they knew how to time the market.
AI does not stand for Apple Investor.
There are times that I look at some posts and think that it stands for Apple Idiot....