4 ms·
Surely a recession would be a good time.
by lliamander 7y ago
Surely a recession would be a good time.
- WalterBright 7y agoOnly in hindsight. It takes extra large intestinal fortitude to invest in a recession. I've generally lacked such guts.
- lliamander 7y agoWhy so? I admit to being a novice in that area, but unless you are worried things are going to get drastically worse (civil war, etc) won't most stocks get better as the economy leaves the recession?
- robjan 7y agoWhen you invest $100 and you see it go to $90, $75, $50, $40 at some point the majority of people will "cut their losses" and sell. It's human nature.
- WalterBright 7y agoI call that "locking in your losses".