OTCPK:NGMBF - Post by User
Post by
Perform4uon Mar 04, 2010 12:59pm
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Post# 16843433
Take it for what it is worth....
Take it for what it is worth....We all know how warm and fuzzy it feels to watch our stocks go up; that's why we're investing in the first place ... to make money. The human ego is a powerful thing, and it's when we're doing well in the market that we feel the most invincible, and when the market tanks that we feel like pulling all our money out
Trying to time the market probably won't get you very far, but that's not the point. If you take a long-term approach to investing, purchasing stocks that have been beaten down and appear cheap based on fundamentals -- while having no expectations as to when they should start heading up -- it will likely leave you sitting pretty down the road.
"Based on my own personal experience -- both as an investor in recent years and an expert witness in years past -- rarely do more than three or four variables really count. Everything else is noise."
-- Marty Whitman