Tests
after tests by scientists indicate that investors have a natural tendency to stay with their newly-bought securities only a short time.
Their impulses dictate that they sell and then opt for something else.
The media chatter and what acquaintances buy and
sell have a major influence.
And as a distinct rule, this hurts investors.
I repeat what I have said countless times, based on my evaluation over the years of over 1,600 investment strategies, discipline is most important. You buy every investment with a firm goal and you sell only when that goal is definitely not attainable. (See the Earl J. Weinreb NewsHole® comments.)
And as a distinct rule, this hurts investors.
I repeat what I have said countless times, based on my evaluation over the years of over 1,600 investment strategies, discipline is most important. You buy every investment with a firm goal and you sell only when that goal is definitely not attainable. (See the Earl J. Weinreb NewsHole® comments.)
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