>stock markets down 12% in 6 months
>bought stocks to buy and hold 6 months ago
CAN'T TIME THE MARKETS THEY SAID
BETTER EARLY THAN LATE THEY SAID
Yea its always about timing.
People will lie and say its not because they need a sucker to loose for them to win.
They like you being in Early because they know you lose and they win and you being in means they can take from you in the game.
They always want people to be in the game because it makes them feel safe to have others there to scam from.
>you bought those particular stocks for a reason.
That's the thing. you're assuming the person did his research, read the financials and 10-Ks. What if , like most people he just bought it because Jim Cramer on CNBC said it was a good idea and its a Hot Growth Stock?
The stock market is massively overvalued and it might not bounce back this time.
Going long at an all time high is never a good idea.