let's all do ourselves a favor. next time you hear someone say they are pulling out of the market because they have lost too much - slap them across the face. take the time to explain how the market works. for individual investors it is largely psychological: "the news says the market is dropping, my friend pulled out, i better do the same." i just want to beat people sometimes. instead i just ask them "if you find a pair of shoes or a suit that you really like, do you wait for the sale to end before you buy it? no, you buy it when it is one sale and thank god you were fortunate enough to be at the right place at the right time."
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Getting knocked down is no sin, it's not getting back up that's the sin
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