warren buffet said that if the market is mad, he would sell like mad. If the market panic, then he would buy the stock like mad. That is how he made his billions.
if you are prepared to loss all your money, then go ahead. Consider the upside and the downside. When the price is high, the downside risk is dfn higher.
lotsofmoney, u mean we have to sell the shares all since the stock market is hot ? what u expect stock performance after general msia? i am worry is is down after GE13
I don't want to sound sarcastic or oblivion but how high is high and how low is low? True, we must be wary of the rally but are we jumping ship too fast? Msia Election, US Election.... i think we still have some room to go.. Don't you think so? There might be a slight correction of 5-8% (that's quite normal! and in fact healthy, something i want to see!) but as long as we are in it for the mid to long term, i dont think we should be too worried for now. Like the saying goes "it's never the thinking that makes big money, it's the sitting (holding the positions) that does". That's just my 2 cents, not to offend or anything... (and of course, hold shares that have strong fundamentals, not those penny stocks)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jake
493 posts
Posted by Jake > 2012-03-02 10:34 | Report Abuse
What did Bernake say?