
Monday, November 17, 2008
Saturday, November 15, 2008
Thursday, November 6, 2008
Saturday, October 25, 2008
Sunday, October 19, 2008
Don't catch a falling knife
One thing certain is that you have been hearing pundits saying the "bottom is near". I don't know, but if we take the last 31 year old history into account, you could still suffer considerably if you just "Buy and Hold". Why buy for example at 950, only to see it fall to say 800 (or 750 or 700 or ... ) after 2 (or 3 or 4 or ...) months, and then takes say another 4 months (or 6 or 8 or ...) to rise back to 950, only to make nothing during that 6 (or 8 or 10 or ...) months? The key concept is why try to catch a falling knife, when doing so could hurt you and subject you to unnecessary anguish over a prolonged and uncertain period if you "buy and hold"?
Saturday, October 11, 2008
Friday, October 10, 2008
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