serene wrote:yap..
My Portfolio is bleeding but its just the beginning of my next investment phase with renewed energy and more concrete strategy.
I consider this as cost for learning or expenses of doing bussines ( Turtle Way ).
No predictions or hopes either.
Ena vidihakata moona denawa.
But Ill make sure lessons are learnt and accept that Mr.Market is always right and I'll never ever go against or try to beat the market.
And i think this is an excellent opportunity to define our strategies and stick in to it. Market is not bad as it suggested by share prices of the counters.
Only thing is we should have guts to treat unrealised losses as sunk costs and to think that we bought our shares at todays prices and to hinge upon our buy /sell / hold decisions to todays prices and expected prices in the future.
Would like to know about others experience and insight about the same.
My My My Serene boy.
Yep
Crying is, in a way, good to release the stress sometimes.
+++
You are a very generous student who pays the tuition fees year after year.
But I think, generous students are not necessarily the good lot sometimes.
+++
Sunk cost is a very bad concept to bring in to market buddy.
The right term should be, 'the risk capital'.
If the term 'risk' makes you scared;
just make yourself familiar with the term, 'entertainment budget'
Yeah,
what you plan to put in to the market should be treated as your entertainment budget.
It's well worth of spending.
You will get all the taste in the book,
Sometimes, fun
Sometimes, joy
Sometimes, excitement
suspense
love
hatred
fear
greed
sorrow
+
+
+
+
+
what you're seeing now, is just another sad episode where all your heroes are betrayed, badly injured and being admitted in to the hospital.
Some of them might incur permanent damages.
But most of them will recover sooner or later.
++
Keep you fingers crossed.
++++
And pray that Back's Ayurveda girls will look after your heroes well until recover.
++++
If you cannot further tolerate;
turn on to some other channel.
and enjoy some comedy.
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