Should I Sell my Shares?

In short, NO NO NO!!!! Do not sell your shares not matter what people are saying! Right now is the time to buy more shares as you would be cost averaging the price out and if you are able to put more funds into shares right now then it is an ideal time to do it.

The only time you will realise a loss is on the physcial sale of shares so if you're portfolio has dropped in value it is time to buy up on the quality stocks you hold and lower your cost average price.

In the long term it will be well worth the cash outlay as it will take less time to recoup your (Paper) losses if you lower your entry price.

Remember these key words, buy in gloom and sell in boom!!

Global Recession is here - It's About Time -

Everyone is scared about the recession which is now finally here and will stay for around 3 years before we see a rise in share markets and property values anywhere in the free world.

Is this a doomsday prophecy? No, it's the reality of impacts due to both the share market and property sector seeing growth well beyond the standard 7 year cycle. For nearly 4 years these two markets have been powering on and the result is pricing and values which are falsely inflated. The catalyst has simply been the liquidity crisis which was sparked off in America and now the donimos are starting to fall as a consequence.

What this recession will do is provide a market correction in these and other sectors of finance and bring values to a level which is in line with real world results. Will this happen again? Absolutely, you can guarantee that we will see another recession time and time again. It is how we manage it from a personal and business perspective that will see us get through these tough times or fold like many are about to.

Check out this post here for a more detailed look into the recession and the next phase of the global meltdown. Some itneresting reading to be had.