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posted ago by Happyass84 ago by Happyass84 +27 / -0

With all the volatility happening for the last 2 weeks, there has got to be a way to use it to someone’s advantage. I know buy low sell high, but for someone that is totally unfamiliar with investing in stocks, how do you go about making smart decisions right now, before the market returns to normal?

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aparition42 3 points ago +3 / -0

Same as always, buy low/sell high. If you already own it, and the price has dropped below the price you paid, then hold on to it. If you've been eyeing it and waiting for a good time to buy, buy while it's falling.

Don't fret hindsight worrying about whether you maybe possibly could have bought a bit lower or sold a bit higher. Imaginary gains and losses only raise your blood pressure for no reason.

Personally, I prefer investing to trading. Look to old companies that have already weathered several "disasters" and are still around. Stay away from upstarts that haven't proved themselves unless you have time to really dig into the research on them.