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Investment success depends on two basic things:1. Picking good stocks that increase in price, and2. Effectively managing the stocks after you buy them.Effective management means having a plan for either cutting losses or taking gains. Managing your stocks after you buy them is what determines your level of success. Great investing results are a product of shrewd selling rather than smart buying.Skate.
Investment success depends on two basic things:
1. Picking good stocks that increase in price, and
2. Effectively managing the stocks after you buy them.
Effective management means having a plan for either cutting losses or taking gains. Managing your stocks after you buy them is what determines your level of success. Great investing results are a product of shrewd selling rather than smart buying.
Skate.
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