Nancy Dunnan Quotes

The higher the yield, the higher the risk. A high yield is designed to attract investors. An outrageously high yield attracts fools.

Always leave a sinking ship. There's no virtue in hanging on to losers. And stocks don't have feelings.

If you're uncomfortable with your financial advisor, it's probably with good reason.

Invest less at the end of the month. Brokers tend to push stocks at the end of the month in an effort to match or surpass their previous month's sales.

Have the courage of your own convictions and don't be swayed by friends who boast about their financial home runs. Last year's winners are often this year's losers.

When a corporation goes into the marketplace to buy back its own stock, it means management thinks the stock is undervalued. This is a smart time to buy.

Bulls make money and bears make money, but pigs seldom do. When a stock or mutual fund is up 30%, sell one-quarter of your position.

Invest in vanity. Buy stocks in high-profile companies whose products are designed to make you feel good and look good.

Give a cold shoulder to cold callers. Never invest in anything based on a phone call from someone you don't know or whose office is a post office box.

Sell before the holidays. Stock prices tend to rise on the last trading day before major holidays.