Just Because The Dow Was Down 6% In 2018 Does Not Mean All Investors Lost Money. No Sire.

by Anura Guruge


Click to ENLARGE. From the Jan. 1, 2019 marketwatch.com.


No, my stock investments did NOT lose money in 2018. They actually appreciated, as they should. I have not lost money on the stock market in quite a few years. {Smile}.

No, it wasn’t luck. Much of it was patience, prudence and sanguinity. When I was younger I used to panic and start selling when the market went down. Well, after nearly 30-years I finally learnt. And towards the end I was inspired by two elderly gentleman, both close to 80, who had done very well as investors. I learnt from them. They were long term investors. Buying and holding ‘solid’ stock for years without constantly trading and chasing the latest fad/trend.

Their wisdom finally dawned on after I turned 55. I started thinking long-term and strategically.

That I stayed FULLY invested during the financial carnage of 2008 — 2012 helped. Proved to me that I can weather the worst downturns and still survive. Of course, those of us who suffered during those 4-years came out of it stronger and then started reaping rapid gains soon after. That was a nice boost.

I do a lot of options BUT I don’t churn stock. I buy and hold for years and I have bought well. {Smile}

Yes, sometimes I do think I should share with others my investing insights. But, I am not licensed etc. So, alas, I have to keep much of my strategy to myself.

But, please, going forward THINK — ‘be patient’, ‘be sanguine’, ‘try not to panic’, ‘think long’, ‘buy-and-hold’.

Happy New Year. Good investing. 2019 will be a better year I hope — for YOUR sake.


Related posts:
Categories ‘Investments& ‘Brains‘.


by Anura Guruge


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About Anura Guruge

See 'The Blogger' on my https://nhlifefree.com/ blog.

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