DILLIGAF
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- Jan 10, 2008
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If I would have panicked I would have cost myself a bunch of money.
Had a call with my broker at 9am today - we are up 5.5% on the year so far. Haven't recovered from 4th qtr but it nice to see something positive.
He was telling me one of his clients sold every stock in her account on Jan 2...
In the end - different people have different tolerances for risk. Some because that's just the way they are, for others it's truly about age and need. At some point its smart to reduce any risk.
My self managed account was up 7% for 2018 and today I'm up 7.5% YTD.
Most are stocks I bought 20 years ago and forgot about.
I am 52 and have a 40 yr plan. Not going to worry about what happens 1 year to the next. Stay the course and enjoy.