petertee3 Feb 2009 14:44
Yes, I'm in for the long term. I usually think long term value, as in my opinion it lowers the risk considerably. Maybe 70/80% of my investments are with a long term view. 10% a punt on one which could indeed 'fly' and 10% which I think, after research could be a benefit short/mid/long term. As there seem to be many companies that are trading at below cash value, with revenue streams, present and future customers, I feel there are great investments to be made after research. If I benefit five years from now, I'll be happy. Infact, I didn't do too badly in the early 90s. After leaving the UK in 2000, I didn't pay too much attention to the stock market, as I pretty much sold up, and took my cash. But after the falls last September/October I thought it was time to take another look, and I'm glad I did, even if things aren't perfect. I got in at MEC at 5p thinking it was a good price long term (assets to sell, so not too worried about the debt at such a low price), and still waiting to go back up there.