SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : A crash for the markets - a crash for biotechs ?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dirk Boodts who wrote (67)2/25/1997 5:26:00 PM
From: Dean Rogers   of 74
 
Dear Dirk,

I've been investing since before the '87 crash. I had just bought a signifigant amount in mutual funds. Being new I was shaken and decided to sell and take what I could and absorb the losses. The only problem was I couldn't get through on the phone to the funds because they were so overwhelmed with people calling trying to sell. I'm sure glad I didn't get through. It all came back and I made money because I didn't sell. Even if the market turns signifigantly negative, it will come back if your patient. I believe in the Warran Buffet investing philosohpy: buy a good stock and stick with it. It will make you money. It seems like if you are a trader instead of an investor for the long term, only the broker wins most of the time.

If the market does go down signifigantly, buy good Blue Chip stocks and hang onto them. You only lose if you sell.

Sincerely,

Dean Rogers
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News