rich p said:I'm no expert (clearly) but long term these days doesn't necessarily mean increases in value. I've had my few shares (like Arch) for a good few years and they're worth a quarter of what they were a year ago. It's not how long you hold them, it's whether you flog them when you think they've peaked. I was caught out by the latest crunch
Er, exactly. Holding long term as in not expecting to turn a profit in the short term, since the shares are at an all time low. But they will go higher. It's just a case of when.