Did you set yourself for long-term investing goals
or
actually it is Mr Market who forces you into long-term investing?
Uncle8888 is likely to hear or read something like this: "It is for long term ..."
Same time frame with a long term view. Right?
Watch what he does and not what he talks!
What does long-term investing Goals mean?
Don't worry. It is still 7 years away!
Why set a 10-Year Investing Goals?
If we happen to fail in one market cycle; we can learn from our own investing mistakes and hopefully redeem ourselves in the next market cycle.
Those stocks that can never bounce back becomes long term.
ReplyDeleteKeep and hide inside the mattress.
For male investors, I thought it is hiding them as mistresses and not letting wife know about our big losses. LOL!
ReplyDeleteMy late father-in-law kept his mistresses to his last day and let his his sons send off his mistresses. Some mistresses more than 40 years!
ReplyDeleteThose ugly mistresses never recover but written down as "profit" sharing among his sons.
ReplyDeleteDon't worry. It will become somebody's gains one day if we keep losing stocks long enough. LOL!