Same, I sold at the peak. Don't hold on to your winners for too long, the stock price is not entirely a function of the company's financial success. A lot of it is just on whims and cycles.
> Don't hold on to your winners for too long, the stock price is not entirely a function of the company's financial success
In the long term you don’t think the stock price is a function of a company’s success? Surely while a a company does very well financially and the financial outlook is very good, the stock price would be higher than when the fortunes change?
Sure, but there is no guarantee long term stock price is above what you paid for it. Also, the market can be unreasonable, in both directions, for quite a while. Dividends are what you epupd be looking for in long term stock investments.
andsoitis|2 years ago
In the long term you don’t think the stock price is a function of a company’s success? Surely while a a company does very well financially and the financial outlook is very good, the stock price would be higher than when the fortunes change?
hef19898|2 years ago