Market Timing

If you read in the paper that yesterday CEO So and So of Thus and Such, Inc. said this or that, you should have bought or sold that stock or bond the day before yesterday. The problem is that predicting the market is tricky and sometimes when a stock drops you’re better off buying more than sitting around wishing you had sold it before it took a dive. Instead of despairing, just tell yourself, through gritted teeth, “more for me,” as you write that check.

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This entry was posted on Wednesday, January 9th, 2008 at 21:23 and is filed under Business, Economics, Finance. 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.

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