April 21, 2007

Downturn

If the market is at a peak, then things are looking to turn down. If you own stocks and are in debt, it might be a good time to sell them off.

Consider your own situation. Thinking that being a continuous holder of one stock, even though you are in debt, might have seemed good for the long term when you bought it. You might be wanting to make back whatever you want as part of an overall strategy. Thing is, you should really consider selling even if you have losses because if you do not, it might be to late for you, and you will have even more losses.




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