The instability in the stock market is being caused by nothing but fear and the instability and unreliablity of investors themselves. Listen to me now - buy cheap stocks and hold on to them. Period. Don't sell, don't move, don't panic, don't run, don't cry, don't collect $200 - nothing. Stay still and everything will be fine. The stock market is not for babies to begin with. If you're going to be selling at the first hint of lower earnings, play Monopoly instead. You'll make more money there.
Wednesday, October 15, 2008
Listen to me
Labels:
Investments,
JPMorgan,
Monopoly,
New York,
Recession,
Stock Market,
Wall Street