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Strategies & Market Trends : Investing during a Bear Market
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To: uu who wrote (171)11/14/1997 6:58:00 AM
From: Tommaso  Read Replies (1) of 226
 
Addi, I am glad you are not on margin. You probably hold stocks in very good companies, but the stocks are just priced too high. A good house is a good house but who wants to pay twice what it is fundamentally worth?

Of course you could be right. But if a year or two from now you find yourself still holding stocks that are worth less than half what you paid, don't panic then and sell. Buy more then, if the company still seems sound. But diversify into at least a dozen companies and into different industries.
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