By Marc Lichtenfeld In my 20s, I started out on a trading desk where traders rarely held any positions overnight. They were day traders who got in and out of their trades in a matter of hours – and sometimes minutes.
As my career evolved and long-term investing became my focus, I shifted my goal to owning Perpetual Dividend Raisers for years.
Now I find stocks that my readers should be able to hold indefinitely as the companies raise their payouts every year.
But that’s investing. On the trading side, it is appealing to be in and out quickly.
With some stocks, you have to wait a …read more