RMHB - Most of the down slidei s caused by panic.
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Posted On: 02/16/2017 7:41:58 AM
RMHB - Most of the down slidei s caused by panic. Day traders, etc that want to make a quick buck. Most often because of lack of tolerance they panic and sell. When you INVEST in a company before you put up your money you should check out the company, see what that prospects of the company are, (Good products, good services, good management and the funds to see it work), then buy and hold and ignore the day to day fluctuation in price of the stock. As the company implements its plan and grows so will the value of your investment. The promise of immediate riches is pure bullshit.Stay the course and see it through. Warren Buffet doesn't invest for a 1 or 2 day score and you shouldn't either. If you like what you see then buy and hold and as the company develops so will your investment.
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