Tuesday, April 21, 2020

How to make transition to a long term investor?

April 21, 2020

Introduction


It is tough for me to go through market swings and also coronavirus in such quickly storms. I have to learn how to copy with my worries, and then focus on my daily work, after the work I can learn something basic, prepare myself to be a problem solver.

My performance


The market will go to test another bottom, SPX around 2200 or below 2000. But I am not ready yet. I am still trying to catch up some learning through youtube.com video, make myself comfortable to experience another downturn, losses on virtual world, unrealized losses or gains.

I know the difference between realized gain and unrealized gain. I should not waste my emotions on those losses, as a long term investor, I should just stay on the course.


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