"She doesn't know the difference between advice from rich people and advice from sales people. Most people get their financial advice from the latter -- people who profit even if you lose."
From: Paying a High Price for Bad Advice

I guess all investors should educate themselves on how to value individual stocks before calling thier stockbrokers with a buy or sell order. Personally i take responsibility for all the activities i engage in and i will never blame my stockbroker. I mean, its me who decides which stock to buy or which stock to sell, then i call the stockbroker and give him my wishes. The stock broker can make his recomendations but he is not forcing you to take action. Recomendations are only opinions and not commands So lets not blame our dear stockbrokers for executing our orders but should take full responsibility for the performance of our portfolios. As for me, I am not fearful at all by the current down trend, I am just buying shares and waiting for them to go up in three to five years. Its those who buy with hope of making instant profit who are crying now....

On the contrary, I ask the exact opposite. I'm a sympathetic guy na sitaki kuumiza mtoto wa wenyewe bure!

I will not allow you to discourage me. For me long term means different period for different stocks. I have my target for each stock, as soon as i reach my target I sell and get my capital gain. I will not be forced to sell at a loss no matter what, even if i have to wait for how many years. I am also investing small amounts in order to take advantage of the downward trend as we do not know when the various stocks will reach their rocket bottom prices. So thats my strategy and I will not allow all you 'financial gurus' to discourage me. I am now reading many investment books and I am feeling 'okay'. By the way what is opportunity cost? Not that it will discourage me from doing what i plan to do in the next few weeks!