Wilmar: 11 Rounds
CW8888 : 10 (Win) : 1 (Loss)
Since then, Uncle8888 has admitted defeat and retired from the Ring fighting Wilmar even after losing just one round.
Luckily, Uncle8888 is not addicted to buying back for Round 12!
You look at the above chart again. You may understand what he meant.
Some stock prices may not recover to our purchase price in our lifetime. Dividends may not be helpful in easing our headache and heartache.
Some words of wisdom by SMOL:
Investing and trading can be an addiction no different from addiction to sex, gambling, drugs, alcohol, computer gaming, etc.
So money don't matter if you''re an addict.
Most don't make money at the end of this journey - on hindsight, they would have wished they had bought whole life insurance instead....
"Buy term, invest the rest" sounds intelligent; not so if you have lost most of your investment money...
Most investors knew??? the markets is where the majority subsidise the few.