coming from the ETF-world I seem to be getting the advice: buy a solid stock like $AAPL or $AMZN and hold it for years to come. In the case of Apple you at least get dividends. But they alone are not really substantial, when you are looking to increase your overall portfolio value.
I keep wondering if buying, holding for a month or two and selling again is maybe a better strategy.For example: buy a stock for $100 automatically put a sell when the stock reaches $105. Then you wait for a small dip and get back in at i.e. $103 and again place an automatic sale for $108. That way you would have 2x +$5 opposed to 1x $8, thus netting 20% more returns.
Obviously there will be more fees through the buying/selling. But isn't that a better way to multiply capital while, instead of waiting for a stock to go gain 10-15%?
Or am I missing something here? Thanks