Want2retire: “And the advice is to pull money out of an investment that is down and move it into an investment that has already risen sharply?”
Well, I took some money out of KBLB after it had fallen quite a way down from the ATH and invested it in a company that Warren Buffet’s investors had made an astonishing amount of money on over the years. Guess which investment is up by 68% in roughly 2 years?
Not a bad investment strategy to sell losers and buy winners, if you ask me.
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