View Single Post
Old 10-24-2013, 12:18 PM   #179 (permalink)
Chuck33079
A True Z Fanatic
 
Chuck33079's Avatar
 
Join Date: Nov 2011
Location: Houston
Posts: 12,265
Drives: 2011 370ztt
Rep Power: 29538
Chuck33079 has a reputation beyond reputeChuck33079 has a reputation beyond reputeChuck33079 has a reputation beyond reputeChuck33079 has a reputation beyond reputeChuck33079 has a reputation beyond reputeChuck33079 has a reputation beyond reputeChuck33079 has a reputation beyond reputeChuck33079 has a reputation beyond reputeChuck33079 has a reputation beyond reputeChuck33079 has a reputation beyond reputeChuck33079 has a reputation beyond repute
Default

Quote:
Originally Posted by NickTurnon View Post
Haha, thank you for your advice Chuck - Ill try and stick to that game plan

FB is still on the rise. I remember buying in at $20 and sold out because I was too worried. Now its at $51
Just have a well diversified portfolio, rebalance it regularly, take profits when appropriate and have your exit point in mind when you buy something so you don't get greedy. Do that and over the long term you'll beat 99% of average investors and 95% of professional money managers.

There's a reason the old guys with billions are buy and hold types.
__________________
2011 MB Touring-Sport-6sp-Nav/GTM TT/FI TT TDX/JTran/Kosmic/Eibach/Hotchkis/SPC/CSF/RPS/SoThatsWhereAllMyMoneyWent
Chuck33079 is offline   Reply With Quote