When To Dump Your Funds
Morningstar had an interesting article on managing risk. Problem with the author’s methodology is that it is way too subjective. People are emotional about money. You need to have a pre-determined “puke” point where you get out no matter what. You cannot make decisions about money on the spot. Remember: Price moves first, then the fundamentals follow. Unless you’re a CFA and do this for a living, take your small losses regularly and move on.
Similar Posts:
- Et tu Debtus?: Leverage is your best friend but can turn on you if you abuse it
- BB Callback App
- How Does One Invest One’s Savings, So They Are There When You Need Them When You Retire?
- You Can’t Invest Like Buffett
- The State of Publishing: AMZN v. AAPL
