Thursday, January 10, 2008

Reaching For The Panic Button?

As you can see below, it has not been a stellar start to the new year for our stocks. Nasdaq has outperformed our top 3 holdings so far and begs the question: Have mistakes been made here?



Here's why we're not quite in full panic mode just yet:
1)It's still a brand new year, and there are still 355 days to meet our goal.
2)Nothing has fundamentally changed with our selections. There has been no significant news, good or bad, that would cause us to second guess ourselves just yet.
3)The market has given us an opportunity to add to these positions, or start a new position in another security.

Don't lose sleep to red ticker quote nightmares. Enjoy the multitude of stocks on sale and find a fast fortune.

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