Read? Investing Made Simple by Uncle8888 (4)
What was Uncle8888 doing in the stock market during the 80s/90s?
If Uncle8888 has recalled correctly; in 80s/90s he was just drifting along in the stock market without a clear and definite investing Goal as he didn't even know what he actually wanted from the stock market.
He was just hoping to strike more IPOs and would be happy to be able to make some money from selling "lucky-strike" IPO stocks. He didn't have any big ambitions from making money from the stock market.
Sometime, he might follow some investing tips from his office/brokers into some stocks. From times to times, he might get lucky and made some money and other time he might get stuck and became a long-term passive income investor. It might take a few more years for him to finally get rid of these stuck positions sometime at break ......