@Rajitha wrote:Long term investment is a Short Term investment that failed!
BTW No the market won't go up like after the war! ALL the long term investments people are telling they earned are earned because of the hike after war!
Only way you going to make a good long term gain is if market again falls below ASI 5000 and you buy it then and hold!
With no offence curios to know when you first stared investing at CSE ( just for my understanding)?
As you state you are a short term trader. So I can assume you have not tried long term investments ( holding a good company for 5 years atleast. )?
What about the people who simply do not have the time or opt not trade always? What about the billionaires who got very rich through stock investments. Are you saying their strategies are failed attempts of short term investment and they could have gained more if they invested short term.
Short term strategy and long term strategy is different. We must have had this discussion so many times.
Okay I agree that at CSE after war recovery was an exception.
So lets forget about after war.
Did you see the
1) COMB example
2) Sri Ranga's CIC example
Also , within the last decade, I do recall I bought JKH for around Rs 60+ in 2001 or so. I have not calculated but how many times would it have grown with splits, rights and capital gains , dividens etc ? I did study and knew JKH was solid so I bought and forgot.
It did not fail me. If I spent too much time to identify peaks and bottoms at that time, I would have not got far in my caeerer. So there is opportunity cost there too.
We need to understand and respect different investment strategies . People should do what best works for them.