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To: sionnsar; ThomasThomas; Monkey Face; Tax-chick; fanfan; Dead Corpse

The rule in a down-market is that when you sell, you lock in your losses.

I convinced my wife to sell her stock in one company ...

... so that she could then buy stock in another company. I’m convinced the second one will grow back faster and higher.

Rolling the dice ...


745 posted on 12/06/2008 6:33:05 PM PST by NicknamedBob (When in the course of human events, if you can't swim, at least dog-paddle.)
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To: NicknamedBob

Yup. My sister found herself in just such a situation a few years ago. She held on to the house, though, and sold it for a VERY nice profit.


746 posted on 12/06/2008 6:36:47 PM PST by sionnsar (Iran Azadi|5yst3m 0wn3d-it's N0t Y0ur5 (SONY)|http://trad-anglican.faithweb.com/|RCongressIn2Years)
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To: NicknamedBob

391,106 was the average sale price nov 2006
153,333 was the average sale price nov 2008

I don’t see them dropping much lower, Moreno Valley had the highest number of home sales in the country last month.


749 posted on 12/06/2008 7:28:15 PM PST by ThomasThomas (Those who live by the sword get shot.)
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