Buy low, sell high
by Boro Lakaz
Just simple rule... save money and wait for a crisis to strike, buy stocks in a recession, and in 6 to 12 months you`ll have return of your investment times 3 to 5...
Editor's Comment: Thank you Lakazz for your thoughts. You are right it is a simple rule, but not always easy to follow. During the roaring bull markets of the past 15 years, this would have been a very difficult investment policy to conduct!
As you know, this is a part of the basis for value investing and has been followed by such investment giants as Warren Buffett and John Templeton. Clearly, it is an important philosophy!
Thank you again for your thoughts. We hope you have been able to pick up a few bargains in the recent financial turmoil!