Real advice for Long TERM investment
September 23, 2008 – 2:18 pmI was reading this on news.com.au. This article…is kinda..dodgy to me.
Should I sell or hold?
Generally the experts recommend that it is better to hold and sit it out.
If you sell your shares or investment in most cases you will be triggering a real loss.
Remember, at the moment it is only a paper loss and you have not physically lost anything yet.
If you sell, as well as making a real loss you then have to find somewhere else to put your money.
……
This could mean you not only triggered a loss when you sold but you might also miss out on the share price rebound and have to buy in at higher prices.
Well, what do you think about this piece of ‘advice’? I thought it was “awesome”… 
.
The real advice the author is trying to say is…in plain english…. Just keep holding your losses, just keep holding..For long term, share market will be going up. Just keep holding …uhm..yeah, just keep holding…uhm…
From the desk of Tradergav.com
I always found it dubious taking financial advice seriously from something that is designed to wrap fish and chips in.
Very informative blog,i already added you to my blog roll,if you would do the same that will be great.I hope you will visit my blog n leave some comments sometime.
Sure mate. I’ve added yours as well.
Cheers
Well Gav when will I have honor of being on your blogroll
)
I thought you were on my blogroll for quite sometime….I’ve just added you.
Anyway, I’ve been reading your blog on my feed reader.
Interesting market advice, and that piece she wrote last week on cooking a steak was killer too. However, to be fair to the writer, the largest most respected ‘investment’ firms in the world seem to have used this exact rationale …. of course it didn’t turn out well, unlike that steak which was awesome.
Thanks Gav, I have new sport every morning I check out how many adsense clicks I got
That’s why I asked for blogroll 
so it’s always good to have more links.