Reply to I don't understand the stock market, I hate stock traders, analyze my stock V

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What was your purchase price?  The market is really bad right now so a lot of stocks aren't doing well.  You're just going to have to wait for it to come back or sell at a loss.  V should have good long term gains.  If market fluctuations cause you emotional distress, then you may want to rethink how you invest and live with lower returns.[/quote]

I bought at 65 a while back. I made mistakes with mastercard and sold it too early right after it went IPO.

I am trying to hold on but I feel like I am losing out by not buying / selling.[/quote]

Hmmm.  I won't claim to be an expert, but I made quite a bit of money swing trading V last year.  However, I have time to watch the market almost everyday and don't use a trader.  Just Tradeking since the fees are low.[/quote]

I also meant to mention that it's awesome that you got in at 65.  Sounds like you don't have too much to worry about[/quote]

What is spooky is this stock went down to 45 during the 2009 hit. Being in the stock market can be scary wild ride with little or no logic.[/quote]

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