Quote:
I know, I was in a bad spot many years ago with a divorce, Apple was trading at $7.00... I wound up in a truck after losing everything, you know the rest of the story.Originally Posted by GMAN
Most brokers only make money when you trade. If you buy or sell they make money so they encourage you to trade. Sometimes it is better to just hold what you have and ride it out. I just found out a stock that I sold some years ago is selling for about $190/share. I bought most of it at $19/share and sold at $28/share. It didn't pay dividends and sat at the same rate for about 2 years. Had I held on to the stock I would have a nice nest egg on the shares that I owned. Of course, it could have gone the other way.
But, times have changed, we made a few bucks on some cocoa and euro puts this am, hoping to make a few shekels on a silver short too. Looks like the markets are heading our way this morning.