Quote Originally Posted by daihashi
being a business major does not make you an investor. People make money by not selling their investments and enduring these hard times. If I sold my shares of HP/Compaq or other stocks that had significant drops over the years I would have lost 10's of thousands of dollars.

Investment is not about jumping ship when times get hard. Granted there are times you do this and it's correct to do so, but majority of the time the right thing to do is to hold onto your investments; or sell them and rebuy the stock after it's stable and bottomed out.

Many investment guru's would say the same, but to each his own. Really if your portfolio diversified then situations like this are not a real issue.
I very much agree with you and Dragonrider.

Recessions are the time to buy! In anything basically, there's deals all around. I been researching a wide variety of stocks, financials, real estate. Buy low, sell high.