Generally speaking long term investing is the way to go. But no-one is immune from buying too high. To wit, the CenturyLink, Inc. (NYSE:CTL) share price managed to fall 74% over five long years. That's an unpleasant experience for long term holders. Furthermore, it's down
28% in about a quarter. That's not much fun for holders. However, one could argue that the price has been influenced by the general market, which is down 19% in the same timeframe.
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