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Hello Crazy Galoots,
There are always mistakes to be made in Crazyland. And you should never regret them. We all buy shares which fall backwards soon afterwards. We all sell shares which go onto greater heights.
But remember that for every loss you make, you possibly make two gains. You are likely to do this in a bull market. We are now in a bull market.
If you buy a dud at a certain price, the share is only at that price because a lot of people, including' experts' also thought that was a good price. None of us can see into the future. None of us really know about any pitfalls along the way for your chosen company.
Nobody really knows about imminent good news either. News that could send the share soaring to Mars.
That is why you should never keep yourself awake, regretting decisions. Choices have to be made all the time. If we get them right 55% of the time, we will do well. If we get them wrong 45% of the time we will do well. That's logical.
And that means we can make 90 wrong choices out of 200 and we will still be successful. That's an awful lot of errors we can make - and still be happy.
You'll also be happy - in the Punter's Return. Rock on!
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
