Stocks - One Year At a Time

Too many people live their stock market lives out one day at a time. They jump for joy at a 2% increase one day, only to cry in their beers over a 2% decrease a few days later.

I'm in for the long hall. I pick companies I think are tremendous long term companies. Sometimes, in fact most of the time, they go down for a few days, maybe longer, right after I buy them. I'm patient though, and I employ a call writing strategy on all owned stock, so except for those occasions where I was NOT PATIENT I turn a profit in a reasonable period of time each time.

Patience and gambling have been my only loses during my trading. Every time I heard of a "big tip" or something or "bought right before earnings for the huge bounce" I lost money :) Why the smiley? Because I learned my lesson! :)

Now, I am conservative and I don't gamble. And I am in for the long haul.

God bless