Quote Originally Posted by flyingimam
:S2:
the only traders who can always make money on stocks are savvy swing traders. day trading is also not a bad choice if u know whats up, but it is indeed a very risky and time consuming type of trading. buy n hold = aint gonna fly anymore with me.
being a business major does not make you an investor. People make money by not selling their investments and enduring these hard times. If I sold my shares of HP/Compaq or other stocks that had significant drops over the years I would have lost 10's of thousands of dollars.

Investment is not about jumping ship when times get hard. Granted there are times you do this and it's correct to do so, but majority of the time the right thing to do is to hold onto your investments; or sell them and rebuy the stock after it's stable and bottomed out.

Many investment guru's would say the same, but to each his own. Really if your portfolio diversified then situations like this are not a real issue.