3 ms·
It makes you a terrible investor - 10% was already a bad move - but holding them now that they are 35.5% of your net worth is insane. Yes it might work out agai
by id 6y ago
It makes you a terrible investor - 10% was already a bad move - but holding them now that they are 35.5% of your net worth is insane. Yes it might work out again but so does playing the lottery.
- dumbfounder 6y agoA. They are young, that makes all the difference in the world. You should take more risk when you are younger. B. You don’t immediately sell your risk bets when they start making you money, it completely mitigates your upside. Knowing when to say when is hard, but the general philosophy of removing the risk bets when they are making money is a bad one methinks.
- jonfromsf 6y agoSell half once it doubles. Then you can tell yourself you're playing with the houses money and you never sell unless you realize it's a bad investment.
- dumbfounder 6y agoThe only bad rules are ones you never break.