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J Hutt
The Plain Bagel
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Comments by "J Hutt" (@jhutt8002) on "How Diversification Works" video.
But it would allow you too seesaw it: Sell the one that benefits on high and buy the falling one and vice versa. Predicting the interest rates year or few forwarrd is close to impossible anyway, so that way you get the best of both.
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I love volatile stocks, because I constantly get the itch of trading. Having a stock sitting on a level for months gets on my nerves, I rather have it move at least somewhat so I can tinker and adjust my positions accordingly.
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That's what I've done with great results thus far. I mean there's hardly a risk of massive failure even just owning one stock if you know what you're investing in and be ready to jump the boat if your tactic turns out bad.
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In Finland my bank is currently cheapest as far as I know, and they charge from 0,15 % to 1 % transaction fees. Basically with the amount of sums I can afford, it's that 1% per trade.
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@muffemod With the bureacracy, taxation and expenses involved to that here, I'd like to hear how that goes... Few brokerage firms I know of charge actually more than banks. At least from regular client, I'm sure big investors have their own deals.
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