Proper
Prior
Planning Prevents Poor Performance
When the opportunities appear, will you be ready? Right now, it feels as though the market will never recover. We all know that’s not true. We’ve seen it before & so have you.
If you don’t believe me, consider these wise words:
- “You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.” Peter Lynch – (Former) Fidelity Magellan Fund Manager and Author
- "The bad news, is we’re in a bear market. The good news is it’s almost over. Let’s find stocks to buy."
Sir John Templeton during the 1987 stock market crash - “Sentiment dominates at the moment. Sentiment is the herd. It is a very powerful beast. If you don’t believe me….watch what it does when it turns.“ Marcus Padley – Stockbroker & author of Marcus Today, 10th July 2008
So, even if you are not active in the market now, you need to understand what’s happening so you can practice the 6 P’s & plan your next move
For more information got to marcus today
~~ Stock Picks and Stuff from JJ ~~