Welcome to Gaia! ::

Investing Elite

Back to Guilds

A guild of professional Gaian Investors and Exchangers who offer advice on making gold. 

Tags: Gold, Economics, Investing, Market 

Reply Investing Elite
Yama no Tamago 5th Gen.

Quick Reply

Enter both words below, separated by a space:

Can't read the text? Click here

Submit

R4H-Sharpies

6,100 Points
  • Invisibility 100
  • Generous 100
  • Money Never Sleeps 200
PostPosted: Thu Oct 28, 2010 1:03 pm


Should I sell It now or wait till it goes up cause Its going up for more than I bought it for (original buy price around : 240k)
PostPosted: Thu Oct 28, 2010 2:22 pm


As others have said elsewhere, if you're happy with your profit, sell.

However, you are competing with other generations, and some of them are markedly lower. So while you might have LMP for your generation, you may not overall, which means it may take awhile to sell.

The other thing to keep in mind is that the Christmas season is coming up. Prices overall tend to take a sharp upswing during the holidays, so you may wish to keep this in mind. (And even then there's no guarantee that any individual item will be affected or even that this will happen again, but that's what has happened historically.)

But again, only you can make that sell decision.


purplewiz

Crew

Mega Nerd


R4H-Sharpies

6,100 Points
  • Invisibility 100
  • Generous 100
  • Money Never Sleeps 200
PostPosted: Thu Oct 28, 2010 2:27 pm


purplewiz
As others have said elsewhere, if you're happy with your profit, sell.

However, you are competing with other generations, and some of them are markedly lower. So while you might have LMP for your generation, you may not overall, which means it may take awhile to sell.

The other thing to keep in mind is that the Christmas season is coming up. Prices overall tend to take a sharp upswing during the holidays, so you may wish to keep this in mind. (And even then there's no guarantee that any individual item will be affected or even that this will happen again, but that's what has happened historically.)

=o MI wllst take my chances no b4 it gets too high

But again, only you can make that sell decision.
Reply
Investing Elite

 
Manage Your Items
Other Stuff
Get GCash
Offers
Get Items
More Items
Where Everyone Hangs Out
Other Community Areas
Virtual Spaces
Fun Stuff
Gaia's Games
Mini-Games
Play with GCash
Play with Platinum