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Back in Oct 2008, when everything was gloomy and doom, I wrote an aritcle encouraging investors to take a "Contrarian" view, to be Greedy When Others are Fearful....if you had done so and bought some stocks then, today, you should be seeing some gains in your stock portfolio.
This article was also selected by another website www.qotion.com and below is the url link which proves that this article was written back then in Oct 2008 and not now.
Regards.
Dennis Ng, http://www.MasterYourFinance.com - when you Master Your Finance, You Master Your Destiny
http://www.qotion.com/discussion/be-fearful-when-others-are-greedy-be-greedy-when-others-are-fearful
Warren Buffett, who started with US$100 of his own money and became the richest person in the world by investing, building to total wealth of over US$50 billion. Thus, if you want to make money from investing, it is Common Sense that you ought to listen to this man, who definitely shows he knows what he is talking about - investing.
One of his famous saying is "Be Fearful when others are Greedy. Be Greedy when others are Fearful."
It is easy to see the wisdom in the above saying. When others are greedy, is typically when stock prices are very high, it is actually time to sell (be Fearful), rather than time to invest.
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