/biz/ - Business & Finance

laugh at Peter schiff thread AAAHAHAHAHAHHAHAHAHAHAHAHA

>he makes less than $80,000 after expenses and taxes
Why are you working the same dead end job?

>>16163803
>So you guys always buy the dip in stocks and just sell when you can get 10 percent or what? Seems like a really stable start.

/smg/ is a very diverse place full of all kinds of different people. We all have different ideas and unique ways to lose money ;^)

some times you want to buy a stock just to try and sell it for a set gain in the short term (in this case, your profit target won't always be a set number like 10%, it should be based on historical and projected volatility).
Other stocks, you buy and hold because you know the company will keep doing well indefinitely. There are more strategies besides.
Each person's own investment/trading strategies should be based on their individual goals, resources, and risk tolerances.