7 October 2022, 03:05 AM
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#67
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2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 73,520
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Quote:
Originally Posted by Tools
That's not how it works, if you are invested, you are invested,
If you have a 20M portfolio, it is likely balanced, but during these times a good manager will weight good performance and weed out poor performance. You might sell off some stocks and go to bonds if they are paying well, but it's all management.
When the market drops 30%, your 20M just lost 6M - but you can't suddenly cash out what's left easily.
If you're talking nickels and dimes on your home "app", do what you want and make good decisions.  |
Numbers aside,  precisely.
There’s a difference between investing and trading.
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