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<p>[QUOTE="medoraman, post: 1746492, member: 26302"]Very true and a good point. We cannot blame pm for this mess at all. PM is a great asset if bought at reasonable prices and used in the correct way.</p><p> </p><p>My rule of thumb? Never buy any investment when you are scared. I don't care if you are scared of "missing the boat", scared of the dollar depreciating to nothing. Any fear is a red flag in investing, because if you are scared you are not thinking right and you can easily be manipulated. The only fear I accept is when I am buying when everyone else says to sell. In that case my head says yes, but my stomach is in knots.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1746492, member: 26302"]Very true and a good point. We cannot blame pm for this mess at all. PM is a great asset if bought at reasonable prices and used in the correct way. My rule of thumb? Never buy any investment when you are scared. I don't care if you are scared of "missing the boat", scared of the dollar depreciating to nothing. Any fear is a red flag in investing, because if you are scared you are not thinking right and you can easily be manipulated. The only fear I accept is when I am buying when everyone else says to sell. In that case my head says yes, but my stomach is in knots.[/QUOTE]
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