Wednesday, February 7, 2018

Being Smart with $$ - Part of You Wants to Sell & Part of You Wants to Buy


The Stock Market!  Admit it.  Part of you wants to sell all your stocks because you think the markets might crash more and you’ll be a genius if you buy back at the lower levels.  And part of you wants to buy more stocks because this could be a dip that is a classic buying opportunity.  But the truth is, we have no idea which of the two scenarios is ahead of us in the short term.  Market timing has victimized so many before you and that includes many professional traders.  Keep your eye on the prize and invest for your long-term needs rather than guessing and gambling on the short term. 

- Larry Pike, CFA, Client Priority Financial Advisors LLC

- www.clientpriority.com 
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4 comments:

  1. Steve C.April 13, 2018 at 4:16 PM

    You've just voiced my recent uncertain thoughts. Tips from financial seniors like the The Summer Lad author help me be more patient and think long-term.

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    Replies
    1. Larry Pike, CFAApril 20, 2018 at 10:04 AM

      When you understand the long-term fundamentals of the financial markets, it's easier to sleep at night. I help my clients do that. Thanks for the comment. - LP

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  2. Larry Pike, CFAApril 20, 2018 at 9:53 AM

    This comment has been removed by the author.

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