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Hello Crazy Gang,
Economists never seem to agree. That tells you something about Crazyland. Nobody agrees in the Big City. On anything much.
Experts in many fields do concur on a lot of stuff. Not in share shifting. There are lots of different opinions on any different story. Some think a share will fall in price, some think the same stock will rise.
The trouble is that there are always a sheaf of reasons why a share will fall, matched by a batch of explanations why the same stock will rise.
The push and pull on a share sets its price. If the push is stronger than the pull it rises, if the pull is dominant the share drops.
What am I getting at? Well, if you buy a share at a certain price, you can't blame yourself if it falls afterwards. The price you bought it at is the exact price the market valued it at - then.
But taking the right course after a change in the price up to you. Did you sell as the share dropped? Did you sell for profit when it rose? These are the most difficult decisions to be made - not to buy the share in the first place.
If you buy a share and the price falls afterwards, there's no sense in blaming yourself. Everyone else who bought or sold the share at that time agreed this was the right price at the time. But the story changes after the purchase (for good or ill) - and it's a good idea to change with it.
And now perhaps you'll join me - in the Punter's Return!
To find out more about Malcolm CLICK HERE
UKSA is the leading independent organisation for private shareholders in the United Kingdom. It campaigns to protect your rights as a shareholder and runs educational activities for members.
For more information about UKSA CLICK HERE
