In November , the value of the stocks I was holding started dropping scarily . I had done my research and had faith they would come back . They had already netted me over a hundred thousand in profit , so I wasn't happy or particularly scared when they dropped as low as a $20,000 loss , if I panic sold them . While they have gone both up and down since then , over all they have gradually been going up . This morning they have reached the positive side again . By holding on , even when the price dropped , instead selling at a $20,000 loss , they are now back in the profit column ! If there is anything at all I can get through to you as investors , it is do your research . Learn about the stock you're interested in , BEFORE you buy . Rely on facts rather than emotions . If it's a solid , well run , company , providing a quality , in demand product , then buy low , and sell high instead of panicking and selling at a loss .
even more important: check it's balance sheet.
if there is a crash, can it survive until a recovery which could take a lot longer than many think.
Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .
Posted by PinkyandtheBrainGood correction. I actually consulted with a lot of people.