Tag Archives: cutting your loses

Knowing when to move on – or when to hang on!

We're taught from birth that perseverance will pay off. However, sometimes we need to learn when the ship has sank. Knowing when to bail can make you a winner or loser in the world of finance. I read a post by another blogger (that I can't remember the link to right now or else I would share it!) about how people are quick to hold onto a losing stock, but let go of winners. Read more [...]