31-08-2013, 08:56 PM
(This post was last modified: 31-08-2013, 09:00 PM by felixleong.)
having a broker is free of charge, free advise and free service
when you make a trade, if you do it online yourself you will still enjoy the low rates ^_^
If you find a good business that makes you high returns, you might almost never wanna sell it away.
Example if you invest $1 into that business and it can give u an annual return of investment of 30% for life, wouldn't it be wise be wise to keep holding it and let the $$ compound at 30% indefinitely?
The only time you wanna sell such a wonderful business away is unless mr market offers you a very ridiculous price... say 10 times your initial investment for that business?
when you make a trade, if you do it online yourself you will still enjoy the low rates ^_^
(31-07-2013, 09:31 PM)beginnerinvestorz Wrote: Hello investors!
I have a question regarding portfolio management.
I read that Warren Buffett once mentioned that his favorite holding period of a stock is forever. But why forever? - Because of dividends?
Shouldn't we sell when the stock is overvalued or when it reaches our desired return to gain in an investment?
Thanks for reading my newbie question! I haven't quite grasp the whole picture of Value Investing..
If you find a good business that makes you high returns, you might almost never wanna sell it away.
Example if you invest $1 into that business and it can give u an annual return of investment of 30% for life, wouldn't it be wise be wise to keep holding it and let the $$ compound at 30% indefinitely?
The only time you wanna sell such a wonderful business away is unless mr market offers you a very ridiculous price... say 10 times your initial investment for that business?