Money Forum World

RoyalM · Joined: 08 Nov 2007 Posts: 2111

in the stock market can you profit in the 1st not many weeks or do you must wait a while typically?

Deirdre Glenn · Joined: 08 Nov 2007 Posts: 2096

Those who try to profit in the 1st not many weeks usually aren't too successful. Sure, some are but for the most part most aren't.

Those who show the best results are those who purchase stocks in sound businesses and hold on to them for long periods of time, ten to 20 years. They let the businesses make them money not the market.

Assuming a sound company can growth their income by 10% a year, in 20 years they'll have grown them by about 7x and the stock will appreciated therefore. And there will be not tax liability so long as the stock isn't sold.

StockAddict · Joined: 08 Nov 2007 Posts: 2032

if you're smart enough you may be able to profit in the 1st day. but it'll take some weeks some cases longer to see real results.

max78 · Joined: 08 Nov 2007 Posts: 2103

Travis13 · Joined: 08 Nov 2007 Posts: 2152

Just remember the old saying,Buy on the cannons,sell on the trumpets. looks like everybody wants to purchase when the markets are high and sell when they're low. you'll make more money if you attempt to purchase when the market is low then sell when it's high.