Talk of The Villages Florida - View Single Post - losing. s&P, losing. I have no nerve.
View Single Post
 
Old 02-12-2014, 04:20 AM
dotti105's Avatar
dotti105 dotti105 is offline
Gold member
Join Date: Aug 2012
Location: The Village of Gilchrist, fulltime
Posts: 1,088
Thanks: 98
Thanked 12 Times in 8 Posts
Default No guarantees in the market. But I like what Warren Buffet says:

If stocks go down, don't panic and don't sell the stocks priced low is like them being on sale. It's the best time to buy. Then you have more shares to appreciate when prices rebound.

Warren says " buy when everyone is selling and sell when everyone else is buying! Sounds like great advice for me!!

If you panic and sell, you have guaranteed your loss. If you hand it there they will most likely rally and then the stock you bought cheap will make a nice little profit !