Warren Buffett style, to stay focus on your decision and to ignore the market noises. [NosePick] It is understandable that we do make mistakes and miss opportunities but it's always best to understand what you are buying and at a decent fair value that you believe in. [Grin] Also, point 2. Never lose money is the main key. It's not about rush buying / panic selling but about not losing your own capital. Everyday is an opportunity if you have the money. [Miser]
A fair point indeed. [Miser] One can never know when is the best price to buy / sell. Meanwhile, the average people who DCA (dollar cost average) into snp500 index funds are usually the leading winners. Hold equities only if you are confident with your choices and decisions. [lovely]
In my opinion, it's the votality of the market that makes stock become valuable or overpriced at certain timing. As the wise man says - Be greedy when others are in fear, be afraid when others are greedy... [Cool]