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I haven’t checked on my stocks for over a year, and I just logged in. Oh boy, my stocks are in a bloody bath, and I lost over twenty thousand dollars. I am not sure whether I should salvage them or not, as they are in such a low price now. Maybe I should wait, but what if the companies I invested in went bankrupted, then I would lose everything, but what if they will rise again? Maybe I should do some research about these companies one more time to see whether they will have a bright future before I make any impromptu decisions.
The last couple of years the stock market was so bullish, I wish I had sold my stocks in the beginning of last year. Who would have guessed the stock market crashed like now, I am sure the pandemic has a lot to do with it.
When I have some time, I should investigate the stock market again to see whether there’s a silver lining, and I will gain everything back. It may not be easy to find hope in such a bearish market, but it may worth a try?
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Post comment Comment (4 replies)
- Reply teadrinking
- We do not know companies which we invested in will flourish or bankrupt. Stock market, just like many other markets, is a place follows the rules of price fluctuation, of courses, it is complicated and some more reasons there to influence its performance, thus, if we really want to buy some companies stocks, we'd better do the researches, and do not do the impulsive decision, otherwise we are doomed to fail.
- Reply Dempsey
- I know nothing about stock market, but I know many people who have won or lost in it sigh that it is too much about luck and you cannot be involved in it too much. However, I still believe that people invest in stocks have much more knowledge which I really admire.
- Reply SmilingAngel
- Please refer to my new post "Personal Understanding of Stock Market".
teadrinking: We do not know companies which we invested in will flourish or bankrupt. Stock market, just like many other markets, is a place follows the rules of p ...
- Reply SmilingAngel
- Please refer to my new post "Personal Understanding of Stock Market".
Dempsey: I know nothing about stock market, but I know many people who have won or lost in it sigh that it is too much about luck and you cannot be involved in ...
