Sunday, November 16, 2008

Investing Thoughts

1. Do your research
2. Try not to buy on the way up.... stuff always comes down... eventually.
3. Listen to Warren Buffett... when others sell, buy, when others buy, sell.
4. Jack Bogle is an excellent role model... an awesome human. We need more like him.
5. As the Hitchhikers guide to the Universe says, "Don't Panic !"
a. The stock is dropping like crazy,... OMG, quick sell!! ... WRONG !
You've just Panic'd !! Don't Do That.
b. in 90% of the cases or larger, it will bounce back up... then (maybe) you can sell, or.. look at the long term and just hang on. It's only paper money till you really sell it...so look at the LONG Term investment.
Is the company solid? Does it have a great product? Will it recover eventually? Hope springs eternal.

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