crayon851 wrote:if im holding a position for no more than a year that's considered short term , and what is it if im holding a position for no more than a couple of months?
my current strategy , though i'm considering tweaking it, is basically to purchase 100 shares of a financial stock every year and to use the rest of my free cash to do short term trades in different sectors of the market. what do you think of this strategy?
my portfolio right now after 5 months of investing 1000 every month is
...in serious jeopardy, as you obviously have no clue what you're doing.
Start by paying off all of your interest bearing dept (probably the only way you'll beat 10%), then invest in an index fund. The questions you've been asking make it abundantly clear that you shouldn't be playing daily games. Don't waste your money.
