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You wish he did though, right PH?
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Wrong PH
Speaking of Erith:
"It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda SmithComment
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You can't lose money making a profit.
Take out however much you need for a comfortable cash reserve at this point, so you don't lose everything in a crash. Then look for undervalued companies and invest in them as you find them.No, I did not steal that from somebody on Something Awful.Comment
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If I give you advise in this thread, do the opposite!Long time member @ Apolyton
Civilization player since the dawn of timeComment
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Are you suggesting that we sell high and buy low??Originally posted by The Mad Monk
You can't lose money making a profit.
Take out however much you need for a comfortable cash reserve at this point, so you don't lose everything in a crash. Then look for undervalued companies and invest in them as you find them.
That's a strategy I have yet to try.
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Which mean that you should take his advice...Originally posted by Lancer
If I give you advise in this thread, do the opposite!
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No, he means do the opposite of giving advice. Giving misinformation, perhaps.
Ergo, if Lancer gives you advice - you should lie to him.Long live the Dead Threads!!Comment
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The opposite is to not give Lancer advice in other threads.Comment
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DanS - Good job on your advice! I have no interest in financial affairs but I was as impressed as VetLegion with the precise questions.Long live the Dead Threads!!Comment
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The trick there is recognizing each for what it is. Since few really have that particular ability, it's better to sell a portion while a spike like this is still going up. If it starts going down before you sell, you're likely to get caught in a crash as everyone runs to get out before it all comes down.Originally posted by Zkribbler
Are you suggesting that we sell high and buy low??
That's a strategy I have yet to try.
No, I did not steal that from somebody on Something Awful.Comment
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Our stock market seems to be very similar.Originally posted by VetLegion
Just some perspective on the Croatian stock market, this is the index:
Nuts, isn't it?
My portfolio rose over 100% since last October. I think there is still some growth left in the market but it is bound to crash and I don't want to loose a lot so I am thinking about getting a more conservative portfolio.Attached FilesQuendelie axan!Comment
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Is rise in prices attributed to Bulgaria's entry into EU? If so, maybe there is still growth potential in Croatia, which is not a member yet
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The market has been going up for the last 5 years. Joining the EU was surely a factor. For example when they announced the decision to accept Bulgaria into the EU last year the market went up 15% in a day.Quendelie axan!Comment
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Do they have Day traders in Bulgaria or is the market to small for that?Try http://wordforge.net/index.php for discussion and debate.Comment
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Dollar cost averaging
Have you heard of this? If so, implement its reverse. Take you stocks and divide by 20. Sell this amount each month“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of ManComment
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