Because today is a deep down, I think there may be a rebounce, then maybe it's time to cut loss. My money is in RESP. I don't need to use that money in 10 years.
happy2001(simplelife)
Sometimes I just imagine giving 10 years, it should reach high in some point. With divident pay (if no change for the rate), maybe it's not the hell investment. It's tough decision anyway.
Any comments for financial stock in US please? Hold or Cut loss? I bought Citi Bank when it's $24.6. It's painful to see it keep going down?
-happy2001(simplelife);
2008-6-26(#39028@43)
It is not recomments, I just cut loss at 17.80, it is painful for me too
-hfy75(飞鱼);
2008-6-26(#39107@43)
still, because today there is a negative news only for Citigroup and Merrlyn.
But, it looks like all the financial sector going down, and citi is not the worse one.
If you don't need that money now, you better hold it. It is very low now.
-hfy75(飞鱼);
2008-6-26(#39108@43)
Because today is a deep down, I think there may be a rebounce, then maybe it's time to cut loss. My money is in RESP. I don't need to use that money in 10 years.
-happy2001(simplelife);
2008-6-27{190}(#39114@43)
Sometimes I just imagine giving 10 years, it should reach high in some point. With divident pay (if no change for the rate), maybe it's not the hell investment. It's tough decision anyway.