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From: | "G Stolwyk" <stolwyk@wave.co.nz> |
Date: | Mon, 21 May 2001 10:49:17 +1200 |
Thanks, Dannie.
Generally spoken, people do invest long term rather
than trade in Investment or Unit trusts, I think.
Traders would tend to use shares
as these have to be readily available and they need to
get in and out quickly, sometimes in a split second, so to
speak.
Many traders tend to move into " situation " stocks
as well and I did notice that others concentrate on smaller priced
stocks.
There is space for the Challenger endowment
warrants;again, these are for long term investment. As with all
investments, pros and cons apply here as well.
As you say, trading is taxable and that applies
to these financial instruments.
Must leave you there, I am afraid, I tend to cover
several topics, the one discussed, is only one of them.
There are contributors who may wish to carry on
from here!
Thanks for your participation,
Gerry
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