Author: chungwipff

But of Course…

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I agreed to be the sponsor for several sixth-grade boys who wanted to start an investment club at school. They run it and I am just the certified teacher in the room to monitor them.

During the first meeting, one of them told the audience of three kids (ages 11, 12 and 13):

“So a long-term stock is like a short-term stock, but it’s not short-term. Hence the name.”