Stop Investing Like You’re Shopping
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MSNLet's Talk Money! with Joseph Hogue, CFA
Stop Investing Like You’re Shopping
Some of you buy stocks the same way you buy groceries. Dented can means its Forty percent off and goes in the cart.[jh16.1] Cheap is a price. Undervalued is analysis so stop buying stocks just because the price has fallen. One of the hardest lessons I learned as an analyst was that a stock can always get cheaper. That 50% drop isn't a reason to ...
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