15 Mar '20 16:29>
@very-rusty saidbuy low sell high
A big thumbs down for you from me on that lemon.
Why must you be like that?
-VR
I'm giving good advice
why are you giving me a thumbs down?
@very-rusty saidbuy low sell high
A big thumbs down for you from me on that lemon.
Why must you be like that?
-VR
@lemondrop saidJust a guess but perhaps, now remember I did say, "Just a guess", he's referring to the markets' downward spiral. 🤔 😲
buy low sell high
I'm giving good advice
why are you giving me a thumbs down?
@great-big-stees saidI have never invested in shares, but I assume that as long as you don't sell, no harm is done?
Just a guess but perhaps, now remember I did say, "Just a guess", he's referring to the markets' downward spiral. 🤔 😲
@great-big-stees saidThat is correct GBS!
Just a guess but perhaps, now remember I did say, "Just a guess", he's referring to the markets' downward spiral. 🤔 😲
@torunn saidthe problem is is that if investors are losing money in the stock market they will look for something else to invest in
I have never invested in shares, but I assume that as long as you don't sell, no harm is done?
@lemondrop saidDepends on just how long your teeth/tooth are/is. It's only a paper loss unless you have to, or need to, sell.
the problem is is that if investors are losing money in the stock market they will look for something else to invest in
depends a lot on your age and whether you can take a big hit
panic selling does provide a lot of value if you have a long term view
but if you are long in the tooth
it's worrisome
@torunn saidYou have indirectly if you have a pension.
I have never invested in shares, but I assume that as long as you don't sell, no harm is done?
@trev33 saidThat may be true - I hope not all of it though.
You have indirectly if you have a pension.
@torunn saidMost likely all of it, that’s why so many lost their pension during the financial crash in 2008. People might not think it but the stock markets are actually pretty important. Unfortunately.
That may be true - I hope not all of it though.
@trev33 saidThank you, I will look into this, I'm curious. My pension consists of two parts - from the state and from my employers.
Most likely all of it, that’s why so many lost their pension during the financial crash in 2008. People might not think it but the stock markets are actually pretty important. Unfortunately.
@earl-of-trumps saidOh yes, mine hit an all time high around mid feb and in my soul I knew I should have got out but I believed the thought we all have...it will go higher.
The long and short is, you should have dumped stock in mid-February, the latest.