infolinks

Saturday, May 8, 2010

Reminder!!!

"Buy what's hot. Shun what's not. That's the approach of all too many investors. Running with the crowd feels good, after all. But the results tend to be unfortunate.
To achieve strong, consistent investment results, we all need to follow the classic advice of being greedy when others are fearful and fearful when others are greedy. All too many do just the opposite"

If you are investing for long-term, you need the market to go down so that you have the opportunity to buy shares at a bargain. The above reminder is a timely one now because the market is going down every day.

If you are trading you need to watch the trend. Trend is your friend.and since in Malaysia short selling is not allowed you need to stay out of the market at least for now.

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