Timely action will save us from difficulties.In our day to day life, we may be facing a lot of difficulties and we will be trying hard to come out of those difficulties. But sometimes we will hesitate to take the correct action and the loss we get because of that will become very high. We will realize this only after we lost. That is why we hear many times that a stitch in time saves nine.
I have purchased the shares of a company and after I purchased those shares the prices went very high. But I never thought of selling them. Now the share price has come down to a level that the price is lower than what I have purchased. Had I sold those shares a year back I might have made good money.
Members, what is your opinion?