Monday, April 9, 2012

Tempis Fugit & Letting Sleeping Investments Lie

Well, it's been a few months since I posted here! I promised a video, and here I haven't even put the darn thing up!

To be honest, I've been really swamped with schooling (welding, which is going along quite nicely), and keeping up with the social groups I've joined in the last few months. So, lets just get on with one of my favorite topics: Money.

Over the last few months, going to school, I haven't had any money to invest, and I have been hesitant to sell any of my investments as they have been both paying dividends, and rising in value. Don't fix what's not broken, right?

So I come to my point of the day:

If you are comfortable with your investments, or you can't think of a really good reason to sell them, then Do Not Sell Them!

I have made that mistake in the past, feeling so embarrassed that I didn't even mention it in this blog. I lost about $300 (a mere rounding error for some, but a good chuck of money for me!) when I sold low because I was SCARED.

Unfortunately, as in life, the brave and the bold walk away with the prize.

So the moral for today is:
1. Research your investments thoroughly
2. Follow a contentious plan
3. Keep to the course!

Do you have any topics you want me to tackle?
Let me know by dropping a comment below!

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