One recommendation I frequently see is to hold stocks long-term. I'd like to make a few investments in tech stocks, including large companies with long histories like Microsoft, but also smaller companies like Shopify.
Since Shopify is relatively new, it may continue to grow like a weed for the next 10-15 years. But it might also go bust and eventually be replaced entirely by a competitor.
If someone is "long" on Shopify, how long would they typically plan to hold that stock? Is holding a stock "too long" sometimes a bad idea?
Submitted April 16, 2018 at 09:42PM by scyzoryki https://ift.tt/2ER5m9n