Franc de Ferriere Marc

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Is There Something Better You Can Do with the Money? As an investor, you should always be seeking to allocate your money to the assets that are likely to generate the highest return relative to their risk. There’s no shame in selling a somewhat undervalued investment—even one on which you’ve lost money—to free up funds to buy a stock with better prospects. I did this myself in early 2003 when I noticed that Home Depot was looking awfully cheap. The stock had been sliding for almost three years, and I thought it was worth about 50 percent more than the market price at the time. I didn’t have ...more
The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market
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