Quote:
Originally Posted by Leon
But it is still a mental-thing to see your account at one number and down a lot (mine is down over 25% as I am all in, on tech).
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Not wise unless you're in your twenties and thus very early in your income earning years. Quite simply, very rarely does one company stay the smartest in the tech business for long. Even Apple had a major downswing for more than a dozen years until the emergence of the internet enabled it to reinvent itself with the iMac.
Quote:
Originally Posted by Leon
I still sleep well as only approximately 10% of my assets are in the market.
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Hopefully you're not including your principal residence and your personal collectibles in that other 90% because one sells those things only in absolute desperation.
Incidentally the buy-and-hold stable oligopolies investment strategy that served me so well for fifteen years went completely to hell in the last fifteen months. I'm now hurting a bit and not happy at all.
