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<blockquote data-quote="backhoeboogie" data-source="post: 507580" data-attributes="member: 3162"><p>The trick is knowing how to determine what is low and what is high. I bought some stocks at $19 and they dropped to $13. I sold them a while later at $65. They went to $130 and split and are currently at $68 give or take. I sure wish I hadn't taken all that profit at $65. It also would have been nice to have gotten in on the $13 purchases. </p><p></p><p>Long term investment is the best strategy IMHO. Every time you sell you pay a commission. </p><p></p><p>I prefer to swim down river with the current versus swimming upstream.</p></blockquote><p></p>
[QUOTE="backhoeboogie, post: 507580, member: 3162"] The trick is knowing how to determine what is low and what is high. I bought some stocks at $19 and they dropped to $13. I sold them a while later at $65. They went to $130 and split and are currently at $68 give or take. I sure wish I hadn't taken all that profit at $65. It also would have been nice to have gotten in on the $13 purchases. Long term investment is the best strategy IMHO. Every time you sell you pay a commission. I prefer to swim down river with the current versus swimming upstream. [/QUOTE]
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