A periodic blog dedicated to providing commentary and encouraging debate on topics in Economics and Finance.

About Me

Age: 26 Occupation: Private Equity

Friday, August 17, 2007

NEVER.... SELL... INTO.... A.... PANIC!!!! THAT IS SHAMEFUL!

Unless you really have to (as in a margin call)....


Waiting one day for the panic to subside is worth about 5.5% in this case, or the amount of money you could earn on a 12-month CD, or $550 on every $10,000 invested.

By the way, I'm on vacation this week. Are you jealous?

See you in a week (or on the other side).

-eternitus

1 comment:

Rog62 said...

Good luck on your va-k!