Never allow yourself to be pressurized into buying or selling stocks or any other form of investment. The chances are you will be making the wrong decisions. You should only buy stocks after due diligence checks; act slowly, diligently, with focus and with purpose. If you feel a significant urgency to buy any stock, then you are likely being pushed or influenced by some one else, either a friend or a stock broker, or by something you have read in a news paper or poster, seen on the television, heard or radio etc.
There are millions of stocks all waiting to be bought and none of them is running away. If you don’t take the time to study the stocks, analyze it and act accordingly, you are headed for disaster. Decisions to invest should not be made in a hurry except you have the experience and understanding.
This advice is most important now, especially after this meeting with the VP and the subsequent bull run.
Wednesday, 27 August 2008
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