The most important aspect of investing seems the one principle almost nobody knows, including investment “professionals” and financial planners. It’s simple:
ALWAYS ALIGN YOUR INVESTMENTS WITH THE PRIMARY TREND.
That’s the trend that runs for 15-20 years, up or down. If it’s up, you buy it and hold it. If it’s down, you sell it & stay out or short it.
NEVER buy a bull market position & trade in & out, trying to catch the highs & lows. You ain’t that good. Hardly anybody is, & you’ll only lose your position & your money trying.
~ Franklin Sanders, The Moneychanger
