Quote:
Originally Posted by JP
Rats, I didn't listen. I only lost 1% so it wasn't too bad but the next time I will listen better.
|
the ONLY time you lose is if you sold your holdings. What a portfolio is worth at any given moment on a given day is just that....what it is worth IF YOU SOLD THEN (maybe).
Paper losses up and down are just personal score keeping. Pick one day each month to look at your holdings. Then just watch the trends.
It's kinda like weighing ones self every day...the human body can vary up or down depending on a lot of things...pick one day per week to get a better picture.....ditto the stock market.
If one is diversified properly the daily ebb and flow of the market is for the tums takers.
btk