Buy low and sell high! Easy to say and really really hard to actually do. We love to watch our investments go up and hate to see them go down. It is well documented that people often do the exact opposite of what they should do when it comes to buying and selling stocks. They get very excited when the market is going up and that makes them want to buy. Then when the market goes down they panic and sell at the worst possible time. Hence, they end up buying high and selling low.
How do you change that? First, don’t try to time the market. As a retail small investor you will always lose at that game. Rather, simply follow what the title says and you will mostly be fine. It will at a minimum keep you from buying and selling at the worst extremes. Just be disciplined enough to enjoy the up days in the market through observation if you are looking to buy knowing that there will be a down day soon where whatever it is that you want to buy will be at a better price. Do the opposite if you are looking to sell. Simple as that.
Finally, just in my investment timespan I’ve watched the stock market go from around 4000 to over 37,000. Betting on the U.S. has been a fantastic bet. Things are actually only looking brighter for the U.S. going forward because of geography and demographics. Get into the market but do it with a guiding principle to do your very best to buy low and sell high.
On another note, if you are looking for a gift for the young reader in your life, you can find some great children’s books on Amazon. Just go to these links The Desert Fairies of Oylara, The Rainforest Fairies of Oylara, and The Artic Fairies of Oylara and order them.
Finally, check out some pretty cool music on YouTube if you have a few minutes: Introduction , Mosh, Smoke, and Watch Out . Enjoy!
Patient and Disciplined Saving 