Kempton invests $1,000 in a company when the price of its stocks is high. He doesn't sell it until its price goes down. According to the basic rule of investing, what did Kempton do wrong?
A
He should have waited for the stock's price to go up even higher before buying it.
B
He should have invested more money in this company.
C
He should have sold the stock the day after he bought it, whether its price went up or down.
D
He should have bought stock in a company when the price was low and sold it when the price went up.
Answers: 3
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Kempton invests $1,000 in a company when the price of its stocks is high. He doesn't sell it until i...
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