I sold all of my shares of Proctor and Gamble.
They came out with less then steller earnings as well as poor guidance for future earnings.
I have held this stock for quite some time and have barely made any money.
I believe in buying quality stocks and holding them for long periods of time. I manage my own money. Who will have my best interest in mind with my money better then me?
I read many financial articles everyday and research each stock that I own.
I do not own any mutual funds for the same reason as I like to be the decision maker on what I buy or sell, when I buy or sell and for how much.
I am going to be sitting on the sidelines for a while as the market has had a crazy run upward.
This is a dangerous strategy if we keep going up like this, but it cant last forever can it?
Have a pleasant day.
Thursday, May 3, 2007
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