2:30 / 37:40
when in 2008, if you do not sell, then you do not lose the money.
Julia's notes:
Even you sell, you should have good personal finance habit. Review the transactions every year, get back in.
24:00
Questions and answers
Get in the market. Do nothing. Do not react. Do not try to beat the market.
Stock market is the game to transfer money from impatient people to patient people.
24:00
Worst day -
Dollar cost average - average out - 20 years later
Do not react
Stay in the market
Actionable Items
I plan to study 3 more hours from Tony Robbins interview. I plan to put my Par Siva 401 K into stock market again. This time I will learn how to take loss, be patient, do not react.
No comments:
Post a Comment