Fair Price
Successful investors decide what a fair price for a particular stock
is and thats where they buy. They dont let market hysteria goad them
into overpaying. Likewise, if nothing has fundamentally changed with
the company, but the stock is dropping along with the market,
successful investors will sit tight and not be frightened off a good
price.
As you develop you investing skills, you will learn strategies and
techniques to help you establish a fair price for stocks and either
get that price or find another stock to buy that meets you investing
criteria.
