- Jun 11, 2004
- 4,359
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This is for a select group of people who meet the following criteria that will become evident.
If you follow this investment advice you absolutely cannot lose.
First for the individual who is uncertain as to whether or not to sell current positions.
There is no such thing as a hold. There is only buy or sell.
If you are not convinced that an issue is worth buying at the current price then it is a sell. If you wouldn't buy it at the current price and under current market conditions then why on earth would you hold it?
Anything less is a roll of the die. If you want to take that sort of a risk then go to Vegas and at least have fun doing it.
Second...for those who want to invest and have a guaranteed return on their investment.
Pay off your high interest debt(credit cards etc).
These things seem so simple yet again and again I see Americans bypassing these guidelines for "winning" investment strategies.
If you follow this investment advice you absolutely cannot lose.
First for the individual who is uncertain as to whether or not to sell current positions.
There is no such thing as a hold. There is only buy or sell.
If you are not convinced that an issue is worth buying at the current price then it is a sell. If you wouldn't buy it at the current price and under current market conditions then why on earth would you hold it?
Anything less is a roll of the die. If you want to take that sort of a risk then go to Vegas and at least have fun doing it.
Second...for those who want to invest and have a guaranteed return on their investment.
Pay off your high interest debt(credit cards etc).
These things seem so simple yet again and again I see Americans bypassing these guidelines for "winning" investment strategies.