Newspaper article The Topeka Capital-Journal

Patience Key to Success in Stock Market Trades

Newspaper article The Topeka Capital-Journal

Patience Key to Success in Stock Market Trades

Article excerpt

Dear Bruce: In a recent column you responded to a 58-year-old woman on Social Security disability who said she lost a lot of money in the stock market in 2000. You said she would have recovered and made a profit if she had stayed in the market. I stayed in the market and lost thousands of dollars on financial and tech companies that have never recovered. How do we ever recover? -- J.B.

Dear J.B.: I understand your concerns. You mentioned you did what I also did: stayed in the market. But you lost thousands of dollars on companies that have never recovered, and that is very possible. Assuming all the other stocks you were holding, or most of them, have recovered and shown a profit, chances are that on a net basis you are probably back to where you should be. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.