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Should we rush to buy a stock when everybody is buying it?
By Poor Learn Rich  •  May 10, 2016
From time to time, people made mistakes in investing, and myself is not spared from it as well. One of the common mistakes is one tends to buy the stock although the price keeps going up. Maybe he want to get a slice of the cake which everybody is rushing towards. Maybe decision affected by families or peers when all are recommending it. Or maybe the reason can even be just because he is attached to this stock emotionally. Whatever the reasons it is, we should try our best not to buy it when the price keep going up, or at least this is what I believed in now. Most of the time, the stocks are already overpriced in such cases. It is not wrong by do so, but must do your homework well before making the buy call. One good example for myself is that I bought Starhub during ......
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By Poor Learn Rich
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