by Mike Coates
Listening to an analyst on BNN yesterday, he equated the recent up and down gyrations of the stock market to a drug addict waiting for the next fix. By next fix he was referring the stock markets reacting to every rumour be it good or bad about the global economy.
So what is one to do if they are worried about their investment portfolio? According to an analyst at RBC Capital Markets don't try and make up your recent losses by trying to hit a big home run. As hard as it is to not to jump into the market on good news rumours, his recommendation to be patient in the interim is good advise to follow.
Source: Financial Post: Don't try to hit an investing home run just yet - Christine Dobby Oct 12, 2011
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