New Investors: This message is for you.
We were all newbies at some point so I just wanted to let you know that you're not alone. Everyone investing is being affected negatively one way or another.
At this moment, the worst thing you could do to your future self is sell your positions out of fear.
Right now if you say you're losing money, that's an inaccurate statement. You only lose money if you sell. What you're seeing now is just a red number on an LCD screen.
Historically, it has been proven that wealth is made in market downturns and 100% of the times, the market regains its losses.
Want better proof? Go and look where are those "terrifying" COVID lows compared to where they are now and decide for yourself.
I can guarantee you that next year there's going to be two types of people:
- those who will say: "I'm so glad I invested heavily during last year's war, was able to buy my favorite stocks 50% off, lowered my average and made so much money!" 💰💰
- those who will say: "Man, all I want is a little dip! I missed my opportunity to buy last year because I thought the market was crashing and I'd lose all my money! 😫😫
Who do you want to be?
