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How do people deal with losses, page-26

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    Have a stop loss of 6.5%, once it goes more than that, it would be hard to recuperate as You will need 8-9% gain to get that money back again if you sell out but at least 8-9% in the stock market is a lot easier to gain back Than having more 10-30% loss which requires 15-50% gain to return it back to previous amount. All imo. Gotta be quick with making decisions or else the pain will hurt a lot more and depression kicks in. Had many ups and downs also in my life but stop losses are really important. FmG is good stable growth stock with $1 dividends, slow but steady gains. NDQ etf is also good, tracks the nasdaq. All solid and safe at most but all imo, not advice.
    Last edited by Filosophersbone: 02/09/20
 
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