This was the event that was absolutely, positively supposed to trigger a significant
setback in stock prices.
Not exact matches
Since the market bottom
in March 2009,
stock prices have tripled, making many people wonder whether we're due for a
setback.
In the end, if a stock is truly worth investing in, you should be willing to buy it at current prices, even if that means you run the risk of having to sit through a 5 % to 10 % setbac
In the end, if a
stock is truly worth investing
in, you should be willing to buy it at current prices, even if that means you run the risk of having to sit through a 5 % to 10 % setbac
in, you should be willing to buy it at current
prices, even if that means you run the risk of having to sit through a 5 % to 10 %
setback.
And if you're on the verge of retirement and have a big portion of your savings
in stocks, a
setback on the order of the 2007 - 2009 50 % + drop
in stock prices could force you to sharply scale back your post-career lifestyle or stay on the job longer than you want.
In the end, our stock trading advice is that if a stock is truly worth investing in, you should be willing to buy it at current prices, even if that means you run the risk of having to sit through a 5 % to 10 % setbac
In the end, our
stock trading advice is that if a
stock is truly worth investing
in, you should be willing to buy it at current prices, even if that means you run the risk of having to sit through a 5 % to 10 % setbac
in, you should be willing to buy it at current
prices, even if that means you run the risk of having to sit through a 5 % to 10 %
setback.
Trouble is, you're now emotionally invested
in that company, so there's a tendency to ignore all hints of bad news & to treat every (
price)
setback as a chance to gobble up more
stock.
The flipside of high yield
stocks shouldn't be underestimated but given the fact that I acquired the shares at an attractive
price significantly below book value I am not too concerned with regard to
setbacks in the near and medium term.