Done all the research, identified companies, but still won't buy

[Julia]

Paul Clitheroe says stay away from penny dreadfuls unless you know what you are doing!
I say, how do you learn if you stay away?

Hmm, I wouldn't be taking too much notice of Mr Clitheroe. He admits he 'didn't see the GFC coming'.

 

[Tysonboss1]

Paul Clitheroe says stay away from penny dreadfuls unless you know what you are doing!
I say, how do you learn if you stay away?

by "Penny Dreadfuls" I guess he means speculative companies, Which are the type of companies that aren't making any money yet and have more chance of going broke than becoming profitable.

I would suggest that you don't really need to learn about these companies.

 

[Market Depth]

I get a bit bogged down with research..

I identify good companies that I wish to invest into, look over their financials, annual reports, etc.

But I have an issue pulling the trigger and buying it. Some of the companies I wished to buy a year or so ago have jumped up in value and dividends while my money is still in the bank.

How do I uncover a strategy or formula do find out what price I should pay? A formula that tells me in black and white that this is a price to pay for a particular company?

I'm mainly from a value investor type approach.

Have you asked yourself "Why don't I buy"? In all probability the answer will be because your afraid to sell. Selling is the hardest thing to master in the markets.

Maybe instead of looking to buy a stock, you should give more time to your exit plan and risk management. Work out what you will exit a trade at, be it for a profit or a loss, before you buy. And don't worry about how far a stock goes up after you sell it for a profit. But always sell it if the price reaches your stop loss ALWAYS! You can buy it back at a cheaper price latter, if necessary.

 

[burglar]

Hmm, I wouldn't be taking too much notice of Mr Clitheroe. He admits he 'didn't see the GFC coming'.

Funny you should say that because I saw it coming.

I just decided/assumed/guessed that the commodity boom fuelled by China would be "stronger for longer" as espoused by Owen Hegarty on Lateline Business!

Now I have to decide if GFCII will eventuate!

And if so, what to do next?