If you own a stock that changed from On Sale to Watch or Overpriced and the stock is now lower than the price you bought it for, I recommend you do not sell as long as you apply the 4 M's. Here are your next steps regarding the 4 M's.
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Step 1, Relax. Step 2, if you followed TYKR and bought an On Sale stock, you now have two options. Option 1 is to let it go back up or Option 2 is to Buy More when the stock is down. Buying On Sale stocks when they are down is how top investors make a lot of money in the market.
s Warren Buffett has quoted, Rule #1: Don't lose money. Rule #2: Don't forget rule #1. What this means is, when you buy an On Sale stock and it goes down lower than your Buy price, you do not sell.
Yes! TYKR is the best place to start. In fact, TYKR is not only perfect for beginners but it will also help advanced investors save time.
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