GREY:VVVFF - Post by User
Post by
cymlanon Nov 21, 2005 8:18am
313 Views
Post# 9891154
Advice from Morningstar's analyst
Advice from Morningstar's analystBuy Low, Sell High.
If you let stock prices alone guide your buy and sell decisions, you're letting the tail wag the dog. Stocks are not just trading vehicles; they represent ownership interests in companies. Yet many people buy stocks just because they've recently risen, and those same people sell when stocks have recently performed poorly. Wake-up call: When stocks have fallen, they are cheaper, and that is generally the time to buy! Similarly, when they have skyrocketed, they are high, and that is generally the time to sell! Don't let fear (when stocks have fallen) or greed (when stocks have risen) take over your decision making.