Friday, November 16, 2007

I Wish I Had Bought When ....

Ever heard people say, 'I wish I had bought when ...?' They look back and reget not having bought when there was an obvious buyer's market. Hindsight is 20/20. Now is one of those times. Same thing with the stock market. You should buy stocks and homes when things seem the worse. You're buying on the dips. Not everyone has the courage to do this. Many people made the mistake a couple of years ago of buying on the high when there was all that euphoria. That's obviously when you want to be a seller. Others think that the price may actually go lower. Let me know when you've figured out how to locate the bottom of the dip. What should sellers do? They should sell if they need to and they are planning on buying something else. They may not get the best deal on what they sell, but they're going to get a great deal on what they buy. You can't have both.

No comments: