Thread: Nokia disappoints in smartphones again
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livefreeordie is offline livefreeordie
2009-10-15 , 18:34
Posts: 262 | Thanked: 232 times | Joined on Aug 2009
#28
Originally Posted by allnameswereout View Post
Maemo, like Nokia Money, is a long-term project; not short-term. The fruits of its labor won't be visible right away whereas you're playing the stock market based on short-term prospects.
I know. My problem right now is that I do in fact want to invest long term, but with the market so uncertain right now I don't want to suddenly see my investment halved even temporarily.

IMHO, it's not necessarily smart to invest long term at a time like this, when you can make much more money by jumping in at the bottom (if you can predict it). I don't want to day trade, so I'll be sitting out for a while.



Edit: Oh, and I might add that the more FUD the better. Now that I'm out of the market, I'm hoping for a downswing in Q4/Q1 and massive amounts of anti-Nokia FUD, so I can buy shares early next year really cheap
Last edited by livefreeordie; 2009-10-15 at 18:38.