Comments on: Buying High and Selling Low Continues for Many Investors http://genxfinance.com/buying-high-and-selling-low-continues-for-many-investors/ Helping a unique generation achieve financial independence. Thu, 09 Feb 2012 18:21:30 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Shadox http://genxfinance.com/buying-high-and-selling-low-continues-for-many-investors/comment-page-1/#comment-118561 Shadox Sat, 25 Apr 2009 02:43:17 +0000 http://genxfinance.com/?p=1523#comment-118561 Psychologically I actually find it easier to buy into a downturn than into a rally....I have been consistently buying into this downturn (each month on a regular basis), but this month when it was time to invest more I found myself reluctant to do so - after 6 weeks of a rally, I reasoned, we were just about due for a downwards correction. Psychologically I actually find it easier to buy into a downturn than into a rally….I have been consistently buying into this downturn (each month on a regular basis), but this month when it was time to invest more I found myself reluctant to do so – after 6 weeks of a rally, I reasoned, we were just about due for a downwards correction.

]]> By: Dana http://genxfinance.com/buying-high-and-selling-low-continues-for-many-investors/comment-page-1/#comment-118523 Dana Fri, 24 Apr 2009 18:13:32 +0000 http://genxfinance.com/?p=1523#comment-118523 Very true, behaviour gap indeed. Very true, behaviour gap indeed.

]]> By: Carl Richards http://genxfinance.com/buying-high-and-selling-low-continues-for-many-investors/comment-page-1/#comment-118517 Carl Richards Fri, 24 Apr 2009 17:20:25 +0000 http://genxfinance.com/?p=1523#comment-118517 Jeremy- Great post. I think that the money quote is: "All of those numbers you see about gains, losses, and what the Dow is doing? They are important, but not as important as the decisions you make." In fact I liked that so much I have already twitted it. It really is amazing. IF you decide that you need to be in stocks for your long-term plan to work, then think through what Jeremy has posted. Selling to sit in cash until "things clear up" is an actual plan to sell low and buy high. That is a bad idea. Jeremy-

Great post. I think that the money quote is:

“All of those numbers you see about gains, losses, and what the Dow is doing? They are important, but not as important as the decisions you make.”

In fact I liked that so much I have already twitted it. It really is amazing. IF you decide that you need to be in stocks for your long-term plan to work, then think through what Jeremy has posted. Selling to sit in cash until “things clear up” is an actual plan to sell low and buy high. That is a bad idea.

]]> By: MoneyEnergy http://genxfinance.com/buying-high-and-selling-low-continues-for-many-investors/comment-page-1/#comment-118498 MoneyEnergy Fri, 24 Apr 2009 13:45:56 +0000 http://genxfinance.com/?p=1523#comment-118498 Excellent explanations of the faulty psychology that goes along with most investors! Almost funny if it didn't have to do with real people and their real losses in the market. Whenever I think about "buy low sell high" now I'm always reminded of my being able to buy some TD Bank stock at its lowest 52-week mark, when it seemed *unbearably* *unseasonably* low, but since I had been studying its reactions to the downturn, I knew (or assumed) that it would just go right back up again because the market wouldn't let it stay at that level. And it did. It's back up over 32% in a month. That said, I don't plan on selling any of my stocks, so I guess the "sell high" doesn't apply. But I like the idea of "making your money when you purchase" - and that means buying low. Excellent explanations of the faulty psychology that goes along with most investors! Almost funny if it didn’t have to do with real people and their real losses in the market. Whenever I think about “buy low sell high” now I’m always reminded of my being able to buy some TD Bank stock at its lowest 52-week mark, when it seemed *unbearably* *unseasonably* low, but since I had been studying its reactions to the downturn, I knew (or assumed) that it would just go right back up again because the market wouldn’t let it stay at that level. And it did. It’s back up over 32% in a month.

That said, I don’t plan on selling any of my stocks, so I guess the “sell high” doesn’t apply. But I like the idea of “making your money when you purchase” – and that means buying low.

]]> By: The Weakonomist http://genxfinance.com/buying-high-and-selling-low-continues-for-many-investors/comment-page-1/#comment-118419 The Weakonomist Thu, 23 Apr 2009 22:00:55 +0000 http://genxfinance.com/?p=1523#comment-118419 Jeremy, great post. The funny thing is as soon as I read the headine I thought, "behavior gap." Jeremy, great post. The funny thing is as soon as I read the headine I thought, “behavior gap.”

]]>