"There's something about an underdog that really inspires the unexceptional."
- Robert California
This is a fatal flaw. I can assure you that thousands of computers have already tried to predict what the stock price will be in the time to come. These figures are already incorporated into today's price; call it expected value if you will or a weighted calculation of risk and price. This idea represents the semi-strong model of market efficiency and it's a pillar of modern finance.
"There's something about an underdog that really inspires the unexceptional."
- Robert California
The key is to diversify and contribute on a continuous basis so you hit both the ups and downs in the stock price. Long term strategy that is.
High Roller Black - Premium Poker/Casino Theme is back
I'm going to sound like an uneducated fool but...
I'm still not completely sold on the idea of the stock market as a legitimate long term investment tool. Our sample size is pathetically small in terms of the "long term."
That said, I still plan on investing when I get to a somewhat more comfortable spot because I like to stay diversified.
Even if you fall on your face, you're still moving forward.
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