Quote:
Originally Posted by dre
Anybody play the Stock Market? I am down almost 10%!
I am OK at trading, far from an expert, but today has been
the worst day in a long time for me.
Anybody else?
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If you are wringing your hands or lying awake at night staring at the ceiling then you should revaluate your risk tolerance and adjust your asset mix to something less exciting.
Managing your emotions is job one. Once you've figured out what you can tolerate in a worst case scenario, then the investment decisions will flow a lot easier. Make your life as exciting or as boring as you need it to be to be happy.
Or keep squealing like a little girl everytime somebody coughs on the other side of the world.
Cowperson