Quote:
Originally Posted by BioCRN
Money that is sunk into a stock "down in the moment" is money that is not working for you.
It's a lost opportunity.
Eventually you may find yourself back to even or profit, but there's a cost of lost opportunity while it sits there trying to get back to where you started.
It can even make sense to sell at a loss to put your money back to work depending on your next plan.
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If you're an active trader, sure. But most people do not have the time, energy, and sophistication that takes. Buy and hold, and broad based funds, work better for most people as I understand it.