O'Reilly logo

The Complete Idiot's Guide to Stock Investing Fast-Track by Ken Little

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter

7

When to Buy or Sell

In This Chapter

Why following the crowd isn’t a good idea

How buyers can push a market beyond reason

Why having a plan is important

How tax rules can save you money

For the long-term investor there are only three important stock prices: the fair market price, the price they pay, and the price they sell. All other price movement by a stock is really not relevant and may confuse or frighten an investor into making a hasty decision. You should never buy a stock without a plan to sell the stock. When you work from a plan, you are less likely to be distracted by market news that is only relevant to stock prices for a few days. If you have a plan, you’re less likely to sell during a downturn or buy during an ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required