Hey Gang,
It’s been quite a year so far, I can’t believe it’s already Thanksgiving! I thought I’d leave off with some timeless investment advice here before I head off to spend the next 36 hours pretending to like my relatives and cranberry anything.
Here goes:
Always seek out differing opinions and challenge your beliefs. Except when you know you’re right, then that other bullshit just becomes a distraction. Good luck with that.
It is very important to be flexible and open-minded. But invest with set rules and an iron discipline. Good luck with that.
Technical analysis and charts only tell you about what has already happened in the past. It’s much better to use the information from the future that we have when making decisions. Good luck with that.
Never run with the herd. It’s much better to be all alone on open ground, running in the wrong direction and wholly conspicuous to predators. Good luck with that.
Take your losses quickly. But don’t get scared out of a good position. Good luck with that.
Amateurs trade in the morning, pros trade in the afternoon, junkies trade overnight and lots of guys on TV just trade on paper. Good luck with that.
Be tactical and stay informed! But don’t try to time the market. Good luck with that.
If you missed the ten best days in the market over the last 50 years, your results suffered. If you didn’t miss the worst ten days in the market over the last 50 years, your results suffered. Good luck with that.
Never listen to someone who is talking their own book. But also never listen to someone who has no skin in the game. Good luck with that.
Don’t fight the Fed. Except when the Fed is wrong. Good luck with that.
Pigs get slaughtered and no one’s ever been wrong taking a profit! But let your profits run and don’t sell your winners. Good luck with that.
No one ever made money by panicking! But your first loss is your best loss and it’s better to be the first guy out rather than the last guy. Good luck with that.
Know your investments inside and out, study the management team and fundamentals and balance sheets and income statements until you know the company better than anyone. But don’t know it too well – because then you’ve got a “sunk cost” syndrome happening with the amount of time you’ve spent and you’ll be too attached. Good luck with that.
Buy the rumor, sell the news. Except if the rumor is false or the news is just a rumor. Good luck with that.
Buy when there’s blood in the streets. But never catch a falling knife, which could lead to there being more blood in the streets. Good luck with that.
Look for cheap stocks with cheap valuations. Except when they’re going to get cheaper – that’s not going to be fun. Good luck with that.
The trend is your friend and stick with what’s working. But skate to where the puck will be and buy what everyone else hates. Good luck with that.
And don’t get emotional.
Good luck with that.
Anyway, I hope these classic pieces of investment advice were clear as a bell and eminently helpful to you. Happy Thanksgiving, Pilgrims.
Male Sex Toys
[…]we came across a cool web page that you could love. Take a search for those who want[…]
Maintain Erection
[…]please pay a visit to the internet sites we follow, like this a single, as it represents our picks from the web[…]
Super Head Honcho
[…]that would be the end of this write-up. Right here you will obtain some websites that we feel you will appreciate, just click the links over[…]
Using a Rabbit Vibrator
[…]always a large fan of linking to bloggers that I love but dont get lots of link really like from[…]
buying vibrator
[…]very few internet websites that transpire to become detailed below, from our point of view are undoubtedly effectively worth checking out[…]
Clone a Pussy
[…]usually posts some very exciting stuff like this. If youre new to this site[…]
sextoysratings.com
[…]check below, are some absolutely unrelated sites to ours, having said that, they are most trustworthy sources that we use[…]
adam and eve
[…]that is the finish of this write-up. Right here you will uncover some web-sites that we consider youll enjoy, just click the hyperlinks over[…]
تردمیل باشگاهی
Hey, I believe your internet site may well be having browser compatibility issues. When I appear at your site in Chrome, it seems wonderful but when opening in Internet Explorer, it has some overlapping. I just needed to give you a fast heads up! Other…
12bet ying
[…]Every the moment inside a whilst we decide on blogs that we study. Listed below are the most up-to-date web sites that we select […]
دوچرخه ثابت
Greetings from Florida! I’m bored to dying at perform so I made the decision to examine out your internet site on my iphone in the course of lunch break. I take pleasure in the info you supply below and can’t wait around to take a seem when I get home.…
اسکی فضایی
Do you have a spam problem on this blog I also am a blogger, and I was wanting to know your predicament we have created some great methods and we are seeking to swap techniques with other people, be confident to shoot me an electronic mail if intrigued…
Pet Supplies
[…]Every after inside a although we decide on blogs that we read. Listed beneath would be the most recent internet sites that we pick out […]
تردمیل خانگی
Hi there! This is sort of off topic but I need some suggestions from an established website. Is it quite tough to set up your very own website? I’m not quite techincal but I can determine issues out rather quick. I’m thinking about environment up my ve…
adam and eve sex products
[…]just beneath, are various completely not connected web-sites to ours, however, they are certainly really worth going over[…]