- Moderator
- #2,461
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On paper.
I know I keep talking about this. But it's not a great idea to stock watch daily, unless you want to be a day trader (which I strongly advise against).
Pick good stocks and then walk away. Check back in a year or so.
Or better yet check back in 10 years.
Best thing you can do if you're gonna stay invested more than 5 years out is to continue buying, both the dips and the rips. The people who hurt themselves the most during the 07-08 mess were the ones who got scared, took their money out, then missed out on the recovery.
The ones who made out like bandits were the ones who continued contributing to their investments and didn't panic. They steadily bought on the way down, and continued adding during the upswing.
Day trading is nothing more than gambling. Some people know how to do it. But they're rare.