Martin Howard Diversified

Description:

Distorted Thinking.

How do we enter investments? Why is it that if your stock falls ,you think of buying more. You are automatically assuming it will go up at the lower price. Why don't we look at another stock that is already going up? Human nature, we don't like to admit we are wrong ,and we start hoping that we will enventually be vindicated. Yes it may come back, but it may snow in July as well. I think the most important thing in investing is stacking the deck in your favour. If the odds aren't overwhelming in your favour, forget about it. Remember, your first gain is averting your first loss. Sometimes the trades you don't make are the ones that make you money. Furthurmore, if you aren't sure, the market is an expensive place to find out as well.

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