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<p>[QUOTE="medoraman, post: 1197074, member: 26302"]Good thoughts. The one thing I tell everyone to always remember in investing, for everything you buy or sell there is someone on the other side of that trade. This is what makes markets, if everyone thought the same there would be no trades.</p><p><br /></p><p>Everyone is financially in a different position, in a different position needing the money or needing a hedge to other assets. Everyone has a slightly different perspective on markets. There is not, and cannot, be a generic answer to whether to sell or buy. The answer has to be personal.</p><p><br /></p><p>The one thing I would strongly warn you about is when "famous" investors let it publicly be known what they are doing, many times that is for a reason. Privately is the best place to make money if you are big enough to move markets unless you wish to change the market by your public actions. Warren Buffett doesn't let the market know what he is buying until he is done buying it. Something to think about.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1197074, member: 26302"]Good thoughts. The one thing I tell everyone to always remember in investing, for everything you buy or sell there is someone on the other side of that trade. This is what makes markets, if everyone thought the same there would be no trades. Everyone is financially in a different position, in a different position needing the money or needing a hedge to other assets. Everyone has a slightly different perspective on markets. There is not, and cannot, be a generic answer to whether to sell or buy. The answer has to be personal. The one thing I would strongly warn you about is when "famous" investors let it publicly be known what they are doing, many times that is for a reason. Privately is the best place to make money if you are big enough to move markets unless you wish to change the market by your public actions. Warren Buffett doesn't let the market know what he is buying until he is done buying it. Something to think about. Chris[/QUOTE]
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