InvestorsHub Logo
Followers 46
Posts 3741
Boards Moderated 0
Alias Born 01/08/2014

Re: None

Sunday, 10/12/2014 11:13:23 AM

Sunday, October 12, 2014 11:13:23 AM

Post# of 63559
My best advice right now is HOLD! If you can afford to buy more buy! Above all stay calm. It hqs been proven over and over that trying to out guess the market, that is selling at what you think is the high, and buying at what you think is the low will cost you up to 10% of your investement. If you sell earlyand miss the bounce back up, you will be on the loseing end. Better to stay and wait. Every down turn has a up spike within days of the drop. If you don't ketch the up when it occures you lose. Stay steady and wait it out. It will recover and you don't want to be chasing this thing when it takes off.

Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.

Will Rogers