Catnip of the Stock Market

I have got watched my true cat drama with a bag of catnip. At first he is having merriment and slowly he goes intoxicated with pleasance and then finally he goes so besotted he falls over to kip it off. The pleasance portion is great, but I am not certain if he awakes without a hangover.

Rocket (that's his name) reminds me of a 1 of those people who purchase a stock and throw it. At first while it is going up there is great pleasance and then euphoria until they cognize they are market geniuses. That's the drunken stage. Finally when the market turns against them they fall over not having adequate sense to discontinue (sell) and later when realisation tax returns they have got a huge katzenjammer (called hindsight) - and no money.

Can these 4-footed animate beings learn us 2-footed animals anything? Can we be smart adequate to discontinue while we are ahead? Rocket (and his friends) go on to do the same mistake clip after time. We are supposed to be smarter so let's learn from their misconduct.

If you have pillory and/or common finances and the market is going up it is ace catmint and we maintain buying knowing that somewhere over the rainbow we are going to be rich and retire like kings. Almost none of today's investors ever believe about selling. Wall Street states us to purchase and hold. They don't desire you to sell because if you make they discontinue making money. Brokers do nil on money market accounts.

Today with money market accounts paying less than 1% investors cognize the market will come up back up. That is what all brokers preach. That is their catnip; their promise of better modern times ahead (with no program to protect your cash). If they take that catmint promise away you might sober up and get quit of those losing pillory and common funds.

The great female parent of all stocks, AT&T, well, it used to be, have dropped from $100/share to $14. What are those widow women and orphans eating for supper now? Not steak. Maybe true cat food.

When your equities are no longer rising and many are declining it is clip to go out the market. Give up the catnip. When the tendency Michigan its upward angle it is clip to sell. Of all methods of investment the safest and most dependable is tendency following. It is the catmint on the manner up, but when the tendency starts to worsen you recognize you are one smart true cat and you are sober and walk away (sell).