Ignatious P. Daily wrote:riptide wrote:I lost $10,000 in the last 3 weeks! I am trying to just stay the course!!
Down $35k. Been contributing 100% of my income contributions to equities to stay balanced. During the bull run I was contributing 100% to bonds to stay balanced. Seems to me the system is working as intended. Try to remember that you OWN BUSINESSES. Way too many people treat equity ownership like trading baseball cards. I interact with 100's of products per day that are made, serviced, and delivered by companies that I own.
A question to ponder... If you ran a painting business, would you suddenly want to sell it because someone walked into your office and offered to buy your business for less than an offer you received 6-months ago?!?! I don't know any rational person who would. So, explain to me why it should be different with equities?!
Thanks for the encouragement !
I will stay the course