A Few Losses Is Completely Normal When Trading In The Stock Markets
A Few Losses Is Completely Normal When Trading In The Stock Markets
I was fascinated by words like earnings, dividends and futuremarkets. did not understand all of this, but I was very impressed by these erudite words and the analytical comparisons. They proved that EMERSON stock, which was selling around 12, should be worth 30 to 35, comparable to the futuremarkets price of R.C.A. at that time. Naturally, I bought EMERSON. I paid 12, which seemed a nice low bargain price for a stock which the glossy booklet assured me was worth 35. What happened? This sure-fire stock began to drift downwards. Puzzled, baffled, I sold it.
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