bwbuddy5
First trips WDW MK 1972, Epcot 1982
- Joined
- Dec 8, 2005
- Messages
- 1,047
Stocks are not short term investments - unless you want to lose your shirt. No stock goes up every day.
Hmm... I'm sure all of the arbitragers don't like that statement!
I wasn't trying to get too technical. My over all point is that if you want to make money go make money and be smart about it. If you like Disney go to Disney. One thing really has nothing to do with the other, unless you can divorce yourself from emotion and you truly believe that Disney is a good investment. Yesterday morning I dropped 4k into the Nasdaq because it had a dip over the weekend and I have made some $. In the evening I discussed with my wife where we were going to eat next year on our Disney Vacation (which ironically will run about 4k). There are few companies I will not invest in for moral reasons (Tyson chicken is one), but there is no company I will invest in solely because I like their product (to the point that liking the product plays zero role in my decision making process). I have money in Apple, but I am one of the few who do not like their products... but everyone else does, so that makes them a good investment and I have made some great money off of them.
Yeah, the techs are taking a bath the last few days. Hope you played your Apple stock according - otherwise, your $4000 could offset that, congrats.