In this edition of The Motley Fool's "Ask a Fool" series, Motley Fool analyst Jason Moser takes a question from a reader who asks: "What's your Foolish take on day trading? Can investors make money doing it?"
While there's no question that investors can make money day trading, Jason is quick to note that the biggest challenge for investors is being able to do it on a sustainable basis. The daily gyrations of the market are too difficult to predict with any kind of long-term success, and the added frictional costs of day trading in the form of commissions and short-term capital-gains taxes can be a bigger burden than many investors think. We Fools prefer to "get rich slowly" by investing in quality businesses and then letting time (and good management) do the rest.
Watch the video below to find out more.
Leaked: Apple's next smart device (warning, it may shock you)
Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are claiming its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!
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