Financial Resource

one that during this 30-year period made a switch with another trader in order to try to exceed the 10% return that is readily available through diversification. But what if we lowered the holding period from 30 years to 30 months or 30 days or 30 minutes and used the same logic? Would we still be able to classify people as investors or traders during this shorter holding period? The answer is yes in a theoretical sense. In a practical sense it is not. In my opinion everyone that invests is a little bit of each. Call yourself whatever you want, just make sure you know that if you choose to play the stock selection or trading game that you are giving up an expected 10% rate of return in exchange for more or less depending on your skill.

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