Скачать или смотреть Just my thoughts

You should buy stocks when they are cheap and sell them when they are high to make a profit. However, is this principle only applicable to stocks? All assets should be purchased when they are inexpensive and sold when they are at a high value to create and maintain wealth. Stock prices are easier to fall than to rise. Temptation leads to fear, and fear leads to temptation. People want to buy something that is becoming expensive (or has its price inflated) and sell it quickly because they fear the price will drop. Of course, if the fear is too intense, it becomes challenging to act, so you may refrain from selling even though you know the price will decline further. If this is instinct, then buying and selling stocks should be reversed. Stock prices are more complicated to rise but easier to fall. The rise in price occurs because the performance value must act as the energy for the stock. Therefore, stocks should be viewed as good to buy rather than good to sell. A stock’s fate is determined at the moment of purchase. Even a stock genius can’t profit from a stock bought when it has already become expensive.

Joseph’s “just my thoughts”