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Forum nameGeneral Discussion
Topic subjectim ok with losing money. this is set for wealth building.
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=12767194&mesg_id=12771557
12771557, im ok with losing money. this is set for wealth building.
Posted by double negative, Fri Apr-03-15 11:43 AM
>That is if you are investing for the long run (retirement).
>It can give you stress and worry your mind even when it
>shouldn't.
>
>You value going to fluctuate, sometimes dramatically. There
>will be times where you are down quite a bit. But if you are
>not a day trader, you are not going to be pulling your money
>in and out of the market trying to perfectly time the market.
>
>I think it's best to just forget about it and maybe check on
>it every few weeks or so.
>
>

i get it, if you play the game then you have to be ok with losing at times

I have a savings account and a 401k
this is being treated as a medium term (5 to 10 years, perhaps 10 to 15) source of income.


i am also aware that you have to just step back. I cant remember the study but they realized that some of the best performing stock players were dead people since the dead have a tendency to not take action

so, let that tree do whats its going to do ya know?