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Because if you're comfortable, it's probably because either you aren't trading enough for it to be worth the time (it's a hobby) or you have so much in the bank
by asddddd 9y ago
Because if you're comfortable, it's probably because either you aren't trading enough for it to be worth the time (it's a hobby) or you have so much in the bank that trading performance is mostly about whether you can afford a Monet.
- unknown_apostle 9y agoAvoiding stress, in the context of this discussion, for me involves not giving "tips", doing your own money, accepting and sometimes loving volatility, taking losses and accept undergoing periods of not looking like part of the winning team (which I think is what the original article is about), avoiding irrelevant constraints, and obviously avoiding ruin at all cost. But you can't get around doubt. Having proper income for daily life and budgeting for setbacks is a different discussion. That's an issue you must get in order prior to investing. It's a prerequisite.