Quote:
Originally Posted by Hell Puppy
Yup, I never react even when paper statements come. I rebalance once a year, usually toward the end of the year, so I know what it will do to my taxes. Other than that, I'm buy 'n hold for the most part.
I'll do some short term buys, but those have specific agendas. Like I loaded up on gaming equipment stock after Katrina wiped out all the gulf coast casinos. Made a quick 50% in 6 months as they had two great quarters.
Panic sells only lock in your losses.
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Too true. However, it is a great time to move property. Sell low, buy low and wait a couple of years.