Today spotted a good trade.
Mas -CA. At the time I spotted it was traded at 8 cents, but due to no guts. Miss.
Closing is 11 cents.
SO it is times to check back whether I am rational investor or not.
Irrational investors are easily swayed by emotions, they do little planning, lack of savings and have low risk tolerance.
1. Never attempt to time the markets; it's impossible
I plan to do this. So I am fail.
2. Live below your means and save regularly
3. Asset allocation is the key to a winning portfolio
4. Buy and hold quality, and buy intending never to sell
5. Compounding guarantees long-term wealth-building
6. Do it yourself; millions do, especially millionaires
More: http://paulineseconomicsforum.blogspot.com/2010/12/are-you-rational-investor.html
Am I irrational??
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