Quote:
Originally Posted by Humdizzle
that's the stock market for you.
Its like going to the casino in a way. You take a certain amount with you and take a calculated risk. You need to set a price when you are going to cash out and stick with it. Its easy to keep wanting to play when your up, and wanting to stick around to 'win back' your losses.
Pretty much all these major companies will bounce back. it may take months, it may take a year, but eventually they will get back to pre-virus levels. Just need to be patient.
|
My thinking exactly. Considering the fact this was my first time, I didn't really have a game plan on when I was going to cash out. After you mentioning it, I think the casino approach is most logical. There's just so many variables for me to wrap my head around.
Would rather play with stocks then go to a casino any-day.