How Long Term investors think

There are Day Traders (like you are seeing at Reddit Group) and also like you might see in Hedge Funds too. The main Difference between Hedge Fund people and the Reddit Group is that  the Hedge Funders are usually richer to begin with which is why they lose 14.3 billion dollars because of the Reddit Group.

So, from my point of view as a long term investor statistically Day Traders tend to go bankrupt within 10 years because it's too much like Gambling at Las Vegas because (The House always wins in the long run).

That's just the way it is!

So, being a long term investor is about first doing the research into whatever stocks you are buying and then holding them for 5, 10, or 20 years.

Since around 2000 AD or so it's really important (from my point of view) to always own individual stocks rather than owning a fund. Why?

Because you have no control how good or how bad the managers of that fund might be just like you have no control how good or how bad the managers of a hedge fund might be.

So, owning individual blue chip stocks that ALWAYS have dividends (to make the risk of owning them worthwhile is the way to go (from my personal point of view).

It's true it takes time to earn money this way but your dividends are coming in quarterly too. And if you are buying the right stocks you are always staying value wise ahead of inflation with your investments.

Then once a year or sooner you look for investments that are not doing well and then you sell them and buy other ones that are doing better.. This not only makes your portfolio useful to you this also avoids a lot of capital Gains taxes when you are selling stocks too because of your losses in some blue chip companies.

Make sure you go over the best ones to sell and buy with your stockbroker AT LEAST once a year as a long term investor.

During big drops where everything goes down you just hang on knowing that this likely is only temporary because this is the U.S. not some 3rd world country's stock market.

So, by holding pat or holding fast to your stocks through major drops and sometimes buying in the drops to get better value stocks instead you wind up becoming a long term investor who owns their own stocks and whose investments always do better than inflation and always makes money on dividends at the very least on your stocks.

However, in order to do this you HAVE to have this money be money you can afford to live without for 5 10 or 20 years time. Otherwise this isn't useful to do for you.

This is why so many become day traders and then go bankrupt within 10 years time on average. statistically.

So, if you do the research and know yourself well investing this way as an investor will make not only you well off but also your children and grandchildren as well.