Investment Mistake – Avoid Lazy Sells
by | Posted 2.8.2014 | Post Comment (No Comments)

Learning from our mistakes is always very important. Over the past couple of months, I had decided to sell Liquor Store (LIQ) (see trend)but since I was not set on what to buy yet, I kept on holding it. Unfortunately, this blew up in my face this past week as an independent panel recommended that British Columbia should allow grocery stores to sell alcohol and the government at first glance issued a statement that they intend to follow through with all the recommendations. As you can see, LIQ’s competition in BC just went through the roof!

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