wayne, would like to comment on your posts, tho they were addressed to other people.
when you first invest in any stock, a correction feels really awful. very frightening. feels like it will never end.
after you have had a position in dell for a time, say 6 months or so, corrections really do not feel the same. For one thing, you have some profits to cushion the downturn. For another thing, you have been able to add to your position, and you basis only goes up a little.
Please believe, all these corrections end. they always end with dell going up again. if you steel yourself to hang on for 6 months, you will not regret it. If you let yourself be panicked out, you will never learn the big secret of investing, which is
time is your ally when you own a good company. don't let the ups and downs scare you out.
regards |
