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Have you ever told yourself this story..“I’ve held on to this stock for this long, so I might as well continue to hold.”Ultimately, that logic leads to giving back big gains and incurring big losses. Investors are often paralysed into inaction by concluding that it is too late to sell a stock that is already down substantially. This thinking keeps you emotionally and financially tied to under performing stocks and can cost you substantially while you wait and hope for a recovery.Skate.
Have you ever told yourself this story..
“I’ve held on to this stock for this long, so I might as well continue to hold.”
Ultimately, that logic leads to giving back big gains and incurring big losses. Investors are often paralysed into inaction by concluding that it is too late to sell a stock that is already down substantially. This thinking keeps you emotionally and financially tied to under performing stocks and can cost you substantially while you wait and hope for a recovery.
Skate.
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