Feeling like a Fool

Have you ever feel like a sucker?

Scenario: After buying the share you wanted at a rather high price, it actually drifted down way,way down that you could have got it at basement bargain price if you had the patience to wait it out.

Believe me, we just cannot time the market. Once we position ourselves on a stock, we have to grit our teeth and feel like a fool until the prices come up to the level you bought it. Then the feelings would not be that miserable.

Yes, at one time or the other, we got caught in this kind of bind. If you are confident that it is a good stock that you have bought, then hold on to it until it brings the returns you have set yourself to achieve.

Better luck next time.

Heartsong