My research from 2009
My first purchase of shares was a bit daunting.
Having stepped into the cold water on this date,I have learnt oodles.
Being overall in slightly positive territory, thus far.It should have been oh so much better.
One learns to one`s cost that overtrading is costly.The contract for difference experience also.
Both have cost dearly so far.
Time for change ;
Make your choice (on individual shares ) and sit and hold.This applies particularly to small shares.Not so with larger one`s which ,on the whole follow the indexes.
Indexes are a safe place ?
Dow Jones Estimates ; At end of year :
2013 14,000
2016 20,000
2019 24,000
2022 28,000
2025 35,000
2028 42,000
2031 53,000
This is allowing for no overshock,as experienced in 2009.. Although by 2031 we may be pretty close to another one.So,always be prepared.
Bottom estimate 2031 could be as low as 20,377.
History ,as usual is a great guide.Use it to your own advantage and always keep your beady eyes on the market discombobulations.
Happy days for bulls , not so happy for bears.
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