Thursday, November 20, 2008

GOING OUT ON TOP

SPORTS HEADLINE-Yankees pitcher Mike Mussina decided to retire after an 18 year career spent with the Baltimore Orioles and the New York Yankees. Mussina had one of his finest years in 2008, winning 20 games for the first time in his career. Mussina retired with a career record of 270-153.

PERSONAL FINANCES-This is a great lesson that many of us learn too late. We've all had a stock, CD, bond or real estate investment that we held on to just a little too long. It's impossible to know when an asset is at it's peak but even when we've gained immense return on our investment we often times want just a little more. We get greedy when we've already gotten more than we had initially hoped for. Be smart and get out while the getting is good when it comes to your money. You'll always be a winner when you opt to get out ahead of the game.

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