Setbacks make a better investor as long as you learn the right lesson and try again.
I had a share of Chesapeake Energy (CHK). It was worth about $5 at first, and gradually declined to less than a dollar. The news about the company was all bad and I assumed it was going to zero gradually, and I sold at a loss. Now it's trading over $100 per share. The lesson is you never know what will happen, never sell for a pittance if you don't need the money, and don't ...
I had a share of Chesapeake Energy (CHK). It was worth about $5 at first, and gradually declined to less than a dollar. The news about the company was all bad and I assumed it was going to zero gradually, and I sold at a loss. Now it's trading over $100 per share. The lesson is you never know what will happen, never sell for a pittance if you don't need the money, and don't ...
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This market is showing me that I don't panic sell, but I also sympathize so poorly with those who do panic that I cannot time a market peak. I always can't help but think we're near the bottom, so why sell now? Hence, very low cash holdings.
A discussion like this is usually implicitly about how to outperform the market. However, if I can jump outside the investor paradigm for a second, a person can do very well in their investments and still fail to build wealth because they're not controlling their expenses. I would actually rate this as the number one requirement for building wealth, because out-of-control spending has the ability to ruin any other efforts you make. Even very wealthy people can fall victim t...
1.) PlaidでMoomooをリンクできるようにしてください。私の銀行業界での大半がそれを必要としています。
2.) クリプト!これにより、お金を振り込むことができるようになります。
2.) クリプト!これにより、お金を振り込むことができるようになります。
翻訳済み