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Sounds like a you problem. 1. I buy, it goes down. “Meh. Can’t win ‘em all. Might as well hold see if it comes back.” 2. I buy, it goes up. “Nice.”
by Carrok 2y ago
Sounds like a you problem.
1. I buy, it goes down. “Meh. Can’t win ‘em all. Might as well hold see if it comes back.”
2. I buy, it goes up. “Nice.”
- lesuorac 2y agoYou still holding AIG? At some point all of your stocks are going to be in recovery mode if you never sell at a loss.
- WalterBright 2y agoIf I think it is a good company, I'll hold on the loss and wait. Intel has done well for me, I've held it for decades, but last summer my patience ran out and I sold it. But in all my years investing, I never get used to the downturns and have a hard time being sanguine about it.
- fsckboy 2y agoif you buy a broadly diversified index, if the market goes up, you are better off than you were; there is no justification in not participating in that. your investment going down means the whole economy went down: you are no worse off than the aggregate, and you still own your piece of the economy. if the whole economy goes down a lot, the widespread largescale unemployment means you are a lot better off than a lot of people, and you still own your segment of the economy. it's more of an opportunity cost type thing: you can't afford not to be fully invested. In general, the economy grows, you want to grow with it. nobody can predict downturns; anybody who can is busily correcting the market to make money from it; in any case, that's not us, so we do what we can do.