Buying low and selling high
News
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Posted 17/01/2014
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Too many of us ride the emotion of an investment opportunity and end up buying near the top of the market that is ‘going so well’ as opposed to looking objectively at the market that is inexplicably doing it tough and buying cheap. The graph below tells it all. We write all the time about the fundamentals in place at the moment that should have many querying why gold and silver prices are so low. Legendary investor George Soros is quoted on how to make money as saying: “"Find a widely held precept that is wrong and bet against it". With all you really know, is the global economy really sustainably improving??