“Máax ba’ate’el, jach yáanal.” (No one walks for you, only your steps move you forward.) — Mayan proverb

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Cake day: February 13th, 2025

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  • Donald J. Musk@lemmy.todaytoAsk Lemmy@lemmy.worldHow Much Have You Lost?
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    4 months ago

    Advice? Don’t panic sell. Odds are pretty good the market will be back up eventually.

    100 percent this. You only lose money in a down market if you sell while it’s down. That’s why rich people see everything as being on sale, and they always profit in market dips like this. It’s because they laugh when people panic, and then buy everything at the super low prices.

    I’m not even rich, and I’m following this strategy! lol