RSS FeedThis entry was posted on Saturday, September 5th, 2009 at 11:00 am and is filed under financial crisis, stock market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
(And They Called Supply-Side Voodoo)
The only really sensible investment advice I know of came from Will Rogers, who is alleged to have said:
"You buy your stock.
When it goes up, sell it.
If it don't go up, don't buy it."
Advice I just don't get includes the following:
People are very optimistic; so stocks will decline.
People are pessimistic; it's a good buying opportunity.
Stocks go down in September and October.
You can't beat the market; it's all priced in.
You've got to do your homework.
Go with the momentum.
The Dow is 5½ points below Fair Value.
Sell in May and go away.
Cash is king; stay liquid.
If you're out of the market a few days, you can miss the run-up.
The trend is your friend.
It's a random walk.
Leave a Reply