Thread: Investing 102
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Old 01-25-2014, 07:07 AM
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GregWeld GregWeld is offline
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Okay ---- some "sage advice here".





Never try to catch a falling knife.





What does that mean? It means you never try to game the market --- be patient... hold the course. And once you feel that everything is fine (which it always is long term) then you put some money to work. ONE DAY or TWO DAYS does not define a market - nor does it define your investments.

EVERYONE is expecting a TEN PERCENT CORRECTION.... we have not had one for quite awhile - - which means the longer we go without one - the less time we have until we have one. TEN PERCENT is a correction. Remember markets always average out. We've enjoyed a 30% RISE over one year! 10% back off that is no big deal.... Unless of course - you just got in and didn't get the 30%.... get over it - this happens all the time. Investing takes a great deal of patience and understanding that the market goes UP and it also goes DOWN. Live with it. If you own great stuff - which is EXACTLY why we buy great stuff - you will be rewarded.

Panic? The dogs can always outrun you and you will get eaten.
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