09.13.07

My rules

Posted in Stock at 7:12 am by berniceye

To start off, I need to make certains rule to follow…

1. Rule of thumb: don’t ever get emotional. Being emotional loses money. If you cannot buy at this price, just don’t buy, then it’s risk 0.

2. Be patient: wait until the price that you feel comfortable. Don’t rush!

3. I won’t put extra money in – just purely this $2002.28. If I’m actually making any progress faster than 10% in 2 weeks, I might even pull some money out. This sounds silly, but that’s actually one of the reasons that I want to put it in my rule – don’t get greedy because it will get you emotional.

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