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Don’t Be Scared of The Market


Taking a loss on a stock really hurts. When you finally commit to selling that loser it gives you pain. Around double the amount compared to the good feelings from a gain. That’s like laying down on the tracks and
letting the train roll over you twice. Nobody likes that.

But it’s those negative emotions that can keep us from getting into the market in the first place. Especially when everybody says the market is up to much. Well, I read a great book recently “Markets never forget (but people do) ” and we tend to miss a gain worrying about a potential loss.

The market is up 2/3 of the time. Probability says if you are scared about a drop eventually you will be right. But you are also going to be poor.

ronco

In the great wise words of Ron Popeil sometimes it is worth it to
“Set it and Forget it.”

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