04-08-2010, 02:18 PM
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Let's do some business!
Industry Role:
Join Date: Sep 2004
Location: Austin, TX
Posts: 31,323
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Quote:
Originally Posted by CyberAge-Dave
I've been really involved in the last year and having fun, Day Trading since I get up super early now that I have Twins.
BUT, what I have learned doing my Accounting for the last year.
If I didn't day trade and I just sat on 90% of the stocks I bought, I would have been up 25-35% on my investments instead of 7%
Day Trading is fun, don't get me wrong. But looking at what I could have made by just letting it sit, is Depressing.
That's my tip of the Day!
Moral of my story, I'm not day trading anymore.
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Okay, but even my 401(k) got good returns. The last year was a unique year. A lot of bouncing back probably along with some growth here and there. You aren't going to make 25% every year LOL.
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