Comfort Zone Investing: The Power of Patience

Filed under: Apple Inc (AAPL), Comfort Zone Investing

Patience is the rarest commodity on Wall Street. That's why it's so well rewarded.

With all the volatility in the stock market, it's easy to understand why investors don't have much patience. They buy a stock and watch it slowly, very slowly, inch its way higher. Then one negative earnings report comes out or bad news hits the market, and all gains go away, disappearing in a matter of minutes. The feeling is like watching a balloon slowly inflate, then getting hit by a pin. POP! Gains become losses, and the world looks less fun.

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Comfort Zone Investing: The Power of Patience originally appeared on BloggingStocks on Sat, 23 Oct 2010 10:30:00 EST. Please see our terms for use of feeds.

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