New investors often think anything but a continuous rise in a stock is a reason for selling a stock. Everyone of my best stocks has had some down periods, often for extended time periods. But, in the long-term, those stocks have risen way more than 10 times over.
When market values shrink significantly, the opportunities to own quality investments at low prices "comes out of the woodwork". Many portfolio managers (PM) know that that is the time to pick up long-term bargains. But will they do it?
