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Definition of 'Fire Sale'
A situation in which the prices of securities in the financial markets are considered to be very low.
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Investopedia explains 'Fire Sale'
Typically, a fire sale situation is a good time to buy; however, be sure to still do your homework, as not all securities will be underpriced.
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There are many ways to make money, knowing how to choose the best stocks is one of them.
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If you're new to the stock market and want the basics, this is the tutorial for you!
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We look at the Sage of Omaha's methodology for evaluating value stocks.
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