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I don't think any individual stock should be buy and hold forever. History is full of once powerful companies that are now defunct or a fraction of the size they once were.
Am still holding 5000 shares of International Buggywhip (IBW). Hoping for comeback any time now. When that happens, am going to sell and buy a modern tech stock- thinking maybe Blackberry. You've got to stay on top of these things.
Am still holding 5000 shares of International Buggywhip (IBW). Hoping for comeback any time now. When that happens, am going to sell and buy a modern tech stock- thinking maybe Blackberry. You've got to stay on top of these things.
Some self provided bio of the article author Vince Martin (RSS) Recent Advice 10 Cyclical Stocks to Buy (or Sell) Now....(I especially like this maybe title) 10 Buy-and-Hold Stocks to Own Forever...(What would cause one to write such advice?)
Vince Martin has written for sites such as Seeking Alpha and CalvinAyre.com for years, covering stocks across a range of industries. A former registered representative,
Martin saw the dot-com bubble inflate and burst in real time, creating a healthy respect for downside risk.
He splits his time between Chicago and rural Wisconsin with his wife and three dogs.
Comments
Regards,
Ted
I know! My shares of Gas Lamp Lighters (GLL) are still way underwater, too. But I'm sure they'll come back any day now!
Some self provided bio of the article author
Vince Martin (RSS)
Recent Advice
10 Cyclical Stocks to Buy (or Sell) Now....(I especially like this maybe title)
10 Buy-and-Hold Stocks to Own Forever...(What would cause one to write such advice?)
Vince Martin has written for sites such as Seeking Alpha and CalvinAyre.com for years, covering stocks across a range of industries. A former registered representative,
Martin saw the dot-com bubble inflate and burst in real time, creating a healthy respect for downside risk.
He splits his time between Chicago and rural Wisconsin with his wife and three dogs.
A couple of attractive names but I'm with Lewis and Mark. No company is immune from failure over time. This smells like talking heads.
and so it goes,
peace,
rono