Financial Guide to Designers
Financial Guide to Designers
Out of context: Reply #230
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- bulletfactory0
Tanked stock markets are a great buying opportunity. you can essentially buy fantastic companies at discount rates. Most of my portfolio had significantly dropped (except for a few - and i don't even want to get into my 403b portfoio - ugh). I was kinda pissed about it, but never sold (the only time you really lose money in the stock market is if you sell lower than you bought. Hold onto it, it will likely recover - I bought some stock the other day, and it's already compensated for my previous declines (i'm in the black now). Now the other companies are rising slowly, but rising nonetheless.
Warren Buffet said, "Be fearful when others are greedy, and be greedy when others are fearful".