Quote:
Originally Posted by unluky
You only "lose" when you sell. LOL!
Easier said than done, but I see the lows as a buying opportunity and a chance to cost average. 2008 was tough to watch, but now I see it made me great money in the long run. There were 3 years afterwards that my yearly gains were more than my gross income.
If you didn't get out at the top - hold the line and wait. At least that is what I am doing, but I have time to wait for the recovery. Might not be true for everyone.
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Exactly, it baffles me when I hear 40 yos talking about the news saying they’re “watching their retirement funds deplete”…