Investing ADVICE

[OldPeddler]

I am hearing many fears about a corection in SILVER & GOLD. Well there is an old saying what goes up must come down. Well I don't relate that saying to investing! I do like one that a Broker told me back when I was just begining to learn to invest. I was concerned about a stock he had directed me to. It had gone up 10% in about 10 weeks. He said he advised me to continue to hold. But each invester must make up their own mind to BUY or SELL. BUT HE NEVER MET A PERSON THAT WENT BROKE TAKING PROFITS. After many years of infesting I have developed my own system for when to buy and sell. But I only tell it to my family and closest friends. So you will never find it here. But I do on an occasion tell any one when and what I have bought or sold.

[DeanStockwell]

How well are you doing investing with your system? There is a thread I made entitled Trading/Investing Thread that I'm sure many would enjoy if you posted there. Are you a day trader or swing trader? Long term investor?

[Know Common Cents]

Prices don't just drop because they increased or vice-versa. It's the usual supply vs demand factors at work.

Everyone has their own investing techniques and knows at what threshold they'll be buyers or sellers. I guess we all (or most of us) make outcome-driven decisions based upon what we hope to achieve. If it doesn't look like those are working we try something else.

If we were to sit down and compare investing decisions, no doubt they would be quite different even though we may share the same goal. The good news is that you've discovered something that works for you. I have, too.

So...I guess I won't be looking for you to appear on a late-night infomercial plugging your 99 ways to financial success. I'd rather maintain a low profile myself, too.

Keep up the good work.

[OldPeddler]

100% correct