We have kept all our owned farm land except for a couple remote farms that had grain facilities I did not want to manage or have to keep track of and a neighbor kept bugging me to sell till I finally set a price. And a couple of farms went out to our kids for their participation. Basically our farm land and facilities rent income covers our normal living needs.

I used to trade stocks alittle but went more on the direction of value investing. After the first few years I decided to not buy anything I wasn't willing to keep at least ten years. And have stuck to that. Had a year when my portfolio of stocks value was cut in half. A few years later it had recovered than doubled in a single year. I did tons of reading about how to invest. After about ten years of it I finally decided most of my gains, and they were significant (invested in some chip makers at a lucky time) was pure dumb luck and not any skill. That was probably one of my greatest investing revelations and probably kept me from losing it all. I think people fail to give dumb luck enough credit and can lead to their downfall when they mistake luck for brains.

I have said a way too much. But maybe some young guy will pick something of value out of it all.

My modus operandi in stock trading to keep me from over trading was I would watch it as long as stuff was going up. If it was going down and discouraging I just walked away. Sometimes not look at it for a month. Was smart enough to not use a lot of margin debt so I could just walk away. Haven't done much of anything with my accounts except when sold out the rolling stock of the farm invested it all in CEF and PSLV after paying off any debts and the income taxes. Did absolutely nothing with it till the last few months.

Jessee Livermore always claimed he made more money in the market by waiting than trading. Sit tight and be right was his moto. I always strived to be an investor and avoided best I could of being a trader.