Comments on: One more time … http://7million7years.com/2008/07/07/one-more-time/ How to make 7 million in 7 years ... Thu, 24 May 2012 09:20:05 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: AJC http://7million7years.com/2008/07/07/one-more-time/comment-page-1/#comment-1427 AJC Tue, 08 Jul 2008 15:20:28 +0000 http://7million7years.wordpress.com/?p=203#comment-1427 @ Moom - a meeting of minds ... let's do lunch! :) @ Moom – a meeting of minds … let’s do lunch! :)

]]> By: MOOM http://7million7years.com/2008/07/07/one-more-time/comment-page-1/#comment-1426 MOOM Tue, 08 Jul 2008 10:30:25 +0000 http://7million7years.wordpress.com/?p=203#comment-1426 " then to me that is investing. Obviously, only a few can do this …" Agree - OK so a matter of wording rather than principle. ” then to me that is investing. Obviously, only a few can do this …”

Agree – OK so a matter of wording rather than principle.

]]> By: AJC http://7million7years.com/2008/07/07/one-more-time/comment-page-1/#comment-1429 AJC Mon, 07 Jul 2008 17:04:43 +0000 http://7million7years.wordpress.com/?p=203#comment-1429 @ Moom - if you pick a stock on the basis of technicals, hot tips, cyclical ups/downs, then you are speculating. On the other hand, if you buy stock in a business that you understand, management is strong, company has a large competitive advantage, and you can value it properly and find that it is (temporarily) cheap, then to me that is investing. Obviously, only a few can do this ... @ Josh - I agree, but the 'edge' for some may be in stocks, others in Real Estate, others in business, others in their jobs .... @ Moom – if you pick a stock on the basis of technicals, hot tips, cyclical ups/downs, then you are speculating. On the other hand, if you buy stock in a business that you understand, management is strong, company has a large competitive advantage, and you can value it properly and find that it is (temporarily) cheap, then to me that is investing. Obviously, only a few can do this …

@ Josh – I agree, but the ‘edge’ for some may be in stocks, others in Real Estate, others in business, others in their jobs ….

]]> By: Josh http://7million7years.com/2008/07/07/one-more-time/comment-page-1/#comment-1428 Josh Mon, 07 Jul 2008 16:47:23 +0000 http://7million7years.wordpress.com/?p=203#comment-1428 I think everyone has the edge (you have to have to get ahead in the stock market) they just need to find it. It may take a lot of work and time, but in the end it all pays off. I think everyone has the edge (you have to have to get ahead in the stock market) they just need to find it. It may take a lot of work and time, but in the end it all pays off.

]]> By: moom http://7million7years.com/2008/07/07/one-more-time/comment-page-1/#comment-1430 moom Mon, 07 Jul 2008 10:37:22 +0000 http://7million7years.wordpress.com/?p=203#comment-1430 hmmm thanks for quoting me extensively, but seems you missed my point, but it's OK if we disagree. I said it will be hard for most people to pick those 4-5 companies and come out ahead. That trying to pick 4-5 companies was speculating and that people shouldn't try that unless they were willing to be a speculator. On the other hand I was saying that it doesn't hurt to be more diversified than just investing in stock index funds, but you need to use a little cheap leverage to keep your returns up when including potentially lower earning assets. But I do agree that if you want to be a speculator you have to be very serious about it. hmmm thanks for quoting me extensively, but seems you missed my point, but it’s OK if we disagree. I said it will be hard for most people to pick those 4-5 companies and come out ahead. That trying to pick 4-5 companies was speculating and that people shouldn’t try that unless they were willing to be a speculator. On the other hand I was saying that it doesn’t hurt to be more diversified than just investing in stock index funds, but you need to use a little cheap leverage to keep your returns up when including potentially lower earning assets. But I do agree that if you want to be a speculator you have to be very serious about it.

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