(02-28-2020, 12:06 PM)StroudCrowd1 Wrote: If you have a portfolio you aren't actively contributing to, riding the highs and lows of the market seems counter productive. You may lower your cost basis by picking up additional shares with dividend reinvestment, but if you make gains only to be wiped out in a week by a catastrophic event is somewhat frightening.

It's not counterproductive.  If you just buy and hold, and never sell, you will do very well, because in the short term, the market will fluctuate up and down, but in the long run, it will always go up.  It's like riding a roller coaster.  You have to have a little nerve.  That's all.  

The reason you will always do better in the stock market than anywhere else is because the stock market represents ownership shares in businesses, and businesses are always a better investment than anything else.  People will always be figuring out how to make new products that people want, and how to make money by the boatload, and you will do very well piggy-backing on the brains and ambition and ingenuity of those people.

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(02-28-2020, 12:12 PM)HURRICANE!!! Wrote:

(02-26-2020, 10:18 PM)StroudCrowd1 Wrote: You lost money? You weren't moving and shaking fast enough! You gotta stay in front of this turmoil Hurricane.  Very disappointed in you this evening.

Fidelity warned me about excessive trading and stated if i make another trade in Q1 then I'm restricted from making any trades for 12 months.  Luckily I went heavier in bonds (40%) back on Jan 31 when the market tanked on the 1st caronavirus fear so i'm kind of in trading jail until April 1 --- this may work out because of the downturn than perhaps i can get aggressive during the upturn next quarter

Are you trading in a retirement account or something?  Why would they be warning you about excessive trading?

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