Profit/loss22 Apr 2011 21:52
There is nothing foolish about taking a profit pintofhsb, that is what investment is all about. It takes courage to pull the plug and take a hit with a loss. Too many investors believe things will bottom out and pick up, more often than not they don't. I call this "falling in love with a share"!. I Iost about 40% on a share whose ticker could stand for NoGoodLuck, I should have read the signs and bailed out at 20% using a stop/loss, I should have known better and have used my experience and head and not my heart. Thankfully I bailed out before they fell another 60%!. There were better opportunites out there. Yes, I'm making a profit on SUN, but I can only afford small investments so while you are enjoying a comfortable retirement, I'll just treat myself to a pie and peas at the local!, well...., hopefully a little more than that. ATB