George Divel’s Blog

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George Divel Investment Tips

# 5  Don’t try to time the market

Everyone wants to buy low and sell high.  What could be nicer than to buy a stock at $3 and sell it at $30, or $60 or $200? But for most of us this is just a fantasy. It is very difficult to pick the best time to buy a stock or to time the market in general.
Actually  it is time in the market and not timing the market that counts.  The best way to be a successful investor is to get help finding good investments and then  stick with it for the long term. Most people make the emotional error of buying into an investment when it is at the peak of its performance and then selling out when its value has dropped.  To invest wisely, keep emotion out of your investment decisions as much as possible and try to get as much help as you can selecting investments that will serve you over the long term.

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February 20, 2008 - Posted by | Uncategorized

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