Today I decided to wait things out and lost about 20k €
Will I regret this? What do you guys think
Amazon, Tesla, Commerzbank, Facebook, Porsche, China Ming Yang, Vale, Grammer & Kandi in my portfolio
its oviously not the end of the world but in case the markest do turn down now
what would hurt less:
A: holding on to my stocks and beeing not liquid in a buyers market
B: selling at a loss, waiting untill the whole market plummets and getting back in
I frankly favour B in case of the markest going down even further I could easily make up for the losses if thats the case. However I risk getting out to early and missing a "rebound"
But thats the dilemma that comes with trading stocks I guess. lol
This is so fucking fun to watch : a fucking fag with 130k portfolio posting on a specialised chan asking the most BASIC FUCKING QUESTIONS EVER, "what should I do during crisis, keep or sell, help me pls I'm lost and scared"... Let me enunciate this:
THERE IS NO ONE WAY OF GOING ABOUT THIS. FINANCIALIZATION HAS TURNED ECONOMICS FROM PHILOSOPHY, SCIENCE AND DISCIPLINE TO FUCKING GAMBLING.
YOU PLAYED THEIR GAME, AND YOU'RE FUCKING LOSING. Good cause you're part of the reason why this whole fucking system of wealth creation through debt is unsustainable SHIT.
That dilemma is why I rigidly stick to buy and hold and reinvest dividends. I've missed some opportunities but also dodged a lot of bullets that way. Of course in theory buy low sell high is best but the markets are hard to predict as we all know. So for my own peace of mind I just stick with my investments and sooner or later I get my reward.
No, the problem is the fundamental unpredictability of complex systems
Let me let you in on a little secret: no one understands the economy. It's in fact well established that experts hardly know more than your average McDonalds employee, and they certainly can't predict large blow ups like these, and unfortunately, large blow ups is where most of the money is lost
my friends, I am well aware of my my strategy and by no means I am a gambler.
I just like to exchange opinions with like minded people here in this chan.
Easy and basic questions are best because almost everybody here who owns stocks can relate. Please stop crying about me trying to talk about trading. I´m just doing it for the sake of it and not because I need anybodies help.
Thanks and goodspeed with whatever business you are doing
No one understands it but history shows that in most cases the markets recuperate.
My personal view is that long term you make a profit(from reinvested dividends if nothing else) unless the entire system collapses in which case your money isn't worth shit anyway.
you are talking with /pol/ spill retards. the cancer of /chan
if you respond you only get yourself dirty
I loved /pol the second I discovered it and I loved it ever since. So ...
I can however confirm that 9/10 times you start arguing with a /pol/lack you´ll need to take a shower afterwards