I like this video by Mr Money Mustache.
Wednesday 18 August 2021
Sit on your hands
Over the last 1-2 weeks, the value of my portfolio dropped by around 10%. This reminded me of 5-6 years ago, when my portfolio suffered a paper loss, and I panic sell. Now, whenever I feel the urge to panic sell, I sit on my hands and don't look/think about my stocks. After a day or two (or longer), I look at my stock holdings , and try to convince myself that their long term growth is intact. If I can't, then it's probably time to sell.
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