Quote:
Originally Posted by Kube
Well, yes and no.
As you know it's all about when you buy and how much you paid and when you sell and how much you sold for.
Typically, as you have suggested, long term ownership does not do as well as simply investing well and "fogetaboutit".
I was a weird "kid" in that I took nearly all of the profits from my old car "adventures" and invested them starting at the ripe old age of seventeen.
At 47, twenty some years ago, I was able to retire with little worries primarily because of that strategy and well, lots of hard work and a great career.
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And great skills and perseverance, if I may add.