Don’t Buy on Hype

I have no idea what Facebook stock will do over the next 2 to 10 years. I hope it does great.

That being said, the above chart is the reason you don’t buy on hype or let your emotions lead your investment mind.

Be the smart money. Do your homework. Know why you buy a stock, under what conditions you’ll sell it, and be sure it’s part of a long term diversified strategy.

 



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The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 large capitalization stocks with dividends reinvested.

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Indexes are often used as a proxy for the stock market and cannot be invested in directly.