richardhutnik on 30 August 2010
| Mr.Metralha said: I just wanted to clarify one thing. If people tend to buy stock when its cheap and sell it when it is high to make a profit, who's buying stock when it is expensive then? I don't get that. Also, I see many people literally collecting stock. They just buy it and that's it. I don't get it. The fact someone is a stock holder, makes that person earn money on a long term basis? If yes, how? |
People buy stock with the expectation it will go higher. Even if expensive, people will buy more. Without this expectation, even cheap stocks won't sell.
