LIFE is what happens while we are trying to make up our minds, and waiting on more favorable economic conditions! Then we wake up one day, and are old, and retired!
I’ve lost close to $10000 over this last year. People can say what they want but I am only putting in 1% right now. If things get better I will bump it back up. I take things day to day. I may not be here another second on this earth.
Waiting until the price goes up to buy?
My company had a 401K where you could put your money into a money market that would get 3 or 4% interest at the time.When the market was up i would be in the money market, when it went down i would buy stock.
Economics 101, buy cheap, sell high!
Get out of debt. JMHO.
yeah i mean frankly rich old people don't have it much better than poor old people. wealth is only worth it when you are young.
You can't really be this stupid.
Really only a loss is when you sell or cash out, if you don't sell or do anything value may increase by $50000 in ten years. if you look at history it will come back
It’s hard to do, impossible for some, but take emotions out of the thought process for trading stock. Step back and look at the logic you’re using. I’m glad you’re not selling now, but using dollar cost averaging (buying consistently during markets ups and downs) is better than trying to time the market. Especially the younger you are.
You should be buying the dips, not waiting for the recovery, but the majority of retail investors like us do exactly what you are doing. That’s how the rich get richer, they will sell when you start buying.
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