Time to Sell Platinum

The lower Aussie dollar will no doubt benefit this international fund manager, but the current price takes account of that and more.

Selling stocks that seem to be rising is the second hardest thing in investing – right after buying stocks that seem to be falling – but you have to do it if you want to be successful. The truth is that stocks don’t possess momentum, so it’s an illusion that they’re rising or falling – driven by the human instinct to see patterns in things. In reality there's nothing to suppose that a stock that has risen will rise some more, or that a stock that has fallen will fall more; you just have to decide what’s the best thing to do at any given price.



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