What is One of the Core Fundamentals of Building Wealth?

Nov 08, 2006

∙ Paid

November 8, 2006 -

Here in my blog and in my newsletter, I have mentioned Sothebys (NYSE:BID) as a favorite of mine a couple of times. Yesterday I sold out of BID for a 33% gain after holding it for about five months. There are a couple of important lessons to take away from my strategy regarding BID.

Number one, above all, always lock in profits. Normall…

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