Quote:
Originally Posted by saden1
This is true, it is also true that you can use that line for anything and everything whose short term impact you want to marginalize. This not a good enough reason not to do anything.
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I'd vehemently disagree. You shouldn't be investing in the stock market for the short term at all. If you are, you might as well head to Vegas.
If you're investing in the stock market wisely then you're doing it with money you don't need for a long time, and you're letting it sit for a long time.
If you're not doing the above, then you're somewhat retarded (daytraders excluded, because they understand short-term risks and are willing to accept the consequences).