Thread: Investing 102
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Old 02-11-2016, 12:11 PM
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GregWeld GregWeld is offline
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It is just too hard to recommend stocks or frankly - any investment. Everyone is so different. And none of us gets it right all the time - or even half the time. I've said before, many times, the worst thing a guy can do is to buy an investment he doesn't really understand. He just buys it because someone else said to. First time it goes to **** - he's a seller and a loser... A guy has to really believe in the company - so that when the market goes like it is now - he has the fortitude to hold or buy more... or UNDERSTAND WHY he's selling. Sometimes we just invest in stuff that was a bad bet.

These markets where EVERYTHING is going south -- these are the markets that if you have the patience - and the guts - you can make money. They're just not as instantly rewarding as buying in an up market and having the shares go green and stay there.

I got a check today - $24+K which is the 6 month "dividend" payment on an apartment investment I'd made 3 or so years ago - when apartments weren't a very hot investment. Today the value of my investment has doubled... and I get a check in the mail. I deposit it, and say "thanks"! LOL Now, I wished I'd have put twice the amount in!

That's a head space that takes "time" in the market to get to.
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