I have learned how not to loose a boat load by trying to find good companies that trade at a discount to their peers and have solid fundamentals for the long term Don't buy all at once, have some cash to the sidelines and find those who have solid advice to help you learn along the way." When chicken little still says the sky is falling, and it already has, matbe it's time to buy some eggs." It also goes the other way.
Just an average investor... primarily in American equity and bonds.
(Important Note: My articles, blogs, comments, reference links and messages are not intended to be investment advisements; or to value securities. Examples and considerations are hypothetical and educational. Please consult a financial advisor before making investments in any security. Thank you for reading!)
I'm a undergrad in biology. I'm long AAPL ALSN LVS TCK LUK and some mutual funds. I've been an investor in mutual funds since 2002, but found to dislike like the +/-gains. My first 'almost' double bagger was CAT. I held BP through the whole oil spill only to sell at mere gain. I don't short or play options. Sold: CENX 2.6 bagger; MUSA at 40% gain after spin-off dividend from MUR; KCG 26% gain after holding for 2.5 years. ACI 99.95% lost... just couldn't sell after 75% of my money just vanished.
Peter Lynch said "There is always something to worry about. Avoid weekend thinking and ignore the latest dire predictions of the newscasters. Sell a stock because the company's fundamentals deteriorate, not because the sky is falling."
Warren Buffett: I say hold, basically hold. I mean, the idea that the European news or slowdown in this or that or anything like that, that would not cause you to own a good farm and had a run by a good tenant, you wouldn't sell it because somebody said here's a news item, you know, this is happening in Greece or something of the sort. If you owned an apartment house and you got to raise your rents a little, it's well located and you have a good manager, you wouldn't dream of selling it. If you had a good business personally, the local McDonald's franchise, you know, you wouldn't be thinking about buying or selling it every day.