RE: No 1 mistake investors make. Yep.Exactly what I said a few posts back.I don't think anyone says it better than Rick Rule when he goes on a spiel like this talking about buying low and selling high
"I suspect that when we look back historically, this bear market will yield better valuations than the 2000 bear market or the 1992 bear market... for the simple reason that beginning from 2002-2010, these companies raised and deployed so much capital that the bargains we are currently taking advantage of are better capitalized bargains – more asset rich – than either the 1992 market or the 2000 market... seven or eight years out, this will have been the best buying opportunity in the entire bull market cycle."
– Rick Rule, Feb. 28, 2013
for anyone interested,Casey research is putting on a free webinar with their crew plus Rick Rule and a few other well respected names in the sector.They are adressing the current massacre of resource stocks as mentioned in the quote above.Probably a good hour of your time.Here is the link.Hopefully it's not too late as it's at noon today.These guys are entertaining as well as wiser than your average bloke IMO.
https://downturn.caseyresearch.com/