13-05-2013, 08:52 AM
(31-08-2012, 12:42 AM)Musicwhiz Wrote: Usually, I find that the right time to sell is when everyone gets so exuberant about a business that they price in a lot of future growth prospects which either have yet to materialize, or which may be completely unrealistic.
Essentially, when the value of the business is severely decoupled from the price which is being offered, to the extent that the price offered over-inflates the value of the company significantly, then it may be prudent to sell and look for a better opportunity in terms of value-price mis-match.
Ha! Ha!
When will this usually happens? Bull market? Bear market? Side-way? This time is different? If you can spot it--"FATT TAT LOL". i like it.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.