Be Strong
Al Kotyuk

In 1965, I was working for Fairchild Semiconductor Company. At the time, our CFO came into the company's data center and told us to buy the stock because things were looking really good. I bought 200 shares at $20. Since there were no discount brokers back then, it was necessary to use a regular broker. A few weeks later the broker called me and insisted that I sell my shares, which had risen to $44. I didn't want to sell, but he kept insisting, since I had already doubled my money. This was July/August 1965. Unfortunately I caved in to the broker's demands and sold the shares, because soon thereafter the shares rocketed to $260 per share. I missed out on $43000. Lesson learned: Don't let others push you to do something that you don't want to do.

"Experience is the gatekeeper of success."

--Christina Nikolov, Founder ChartWatchCentral

If you have had an investing experience that has taught you a valuable lesson, perhaps you would like to share it with ChartWatchCentral readers. Please send us an
e-mail. Your commentary will be reviewed by our staff and you will be contacted if anything needs clarification. We reserve the right to edit all material submitted for publication. By submitting information to this feature of ChartWatchCentral, you agree and understand that your submission may be published on this website. For security reasons, we do not accept e-mail attachments, please place the text within the body of the message.

[ Back ]
2001 - 2014 ChartWatchCentral, All Rights Reserved