Should I sell all of my stocks during this market downturn, and wait it out?

August 15, 2007

Posted by trackman

( 0 ratings )

i think u r already late. if not sold till now, wait it out now. but some ready cash handy to start buying when the tide turns, to make good ur losses.

if u r still on the positive side, do dispose off at least 60 - 70% of ur holdings for the buying frenzy, when it starts.

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August 15, 2007

Posted by 1mjackson5

( 0 ratings )

A. Prior to buying any stock or stock Mutual Fund you should have an exit plan. This way you're not "pushed" by your emotions (ie., FEAR).

B. At this point asking strangers, whose qualifications and motives can't be known to you, can be, a worse mistake than not doing item "A" above.

Never invest in anything you don't understand. Always have a plan. Never be driven by;
Fear
Greed
Indecision

A plan will allow you to avoid these three killers of investors!

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