"Beh! Ive been investing for years and cant make a dime!"
Here's the problem... Lets say your beloved stock jumped high enough to put $1 million in your bank account. It then jumped higher and higher..
$2 million
$3 million
Youre peeing your pants in excitement and not caring as images of peace and relaxation flood your brain. You can now pay off all your bills, tell your boss to put it where the sun dont shine..
..You get to tell your spouse when he/she comes home.. its going to be GREAT!
But DID YOU SELL and take the capital gains???????????????????
The price then plummets leaving your brokerage account with $1,300.
You head back to work knowing for a split second you were the richest person in that office and could have had zero money problems for the rest of your life.
If you dont sell, you dont have the money.
If you invest with emotion, youve already lost.
You will rarely sell at the 'high'.
If you think its difficult staring at your computer year after year, hoping your stock will skyrocket.... prepare yourself for when you see the number $1,000,000 in your account burning a hole in your eyeballs.
Your hands shake uncontrollably, your head is filled with thoughts such as, "DO NOT SELL IT WILL GO HIGHER!" The price starts to drop.. youre freaking out.
You feel an overwhelming sense of dread when you logical brain takes over and decide to take the million dollars.
No matter how fast you type, you feel like youre not typing fast enough , your phone rings distracting you which makes you even more anxious.
You make a typo, so you have to start over, all the while the stock price jumps even higher which makes that voice scream, DO NOT SELL IT WILL GO HIGHER!"
You finally put in your Sell Order and press 'Enter'.. covered in sweat.
..and you think its difficult to buy 'gift shares' on the dips? If you still have not made $100 in capital gains... how will you be prepared when your account shows $1 million ?
Prepare yourself.
Here's the problem... Lets say your beloved stock jumped high enough to put $1 million in your bank account. It then jumped higher and higher..
$2 million
$3 million
Youre peeing your pants in excitement and not caring as images of peace and relaxation flood your brain. You can now pay off all your bills, tell your boss to put it where the sun dont shine..
..You get to tell your spouse when he/she comes home.. its going to be GREAT!
But DID YOU SELL and take the capital gains???????????????????
The price then plummets leaving your brokerage account with $1,300.
You head back to work knowing for a split second you were the richest person in that office and could have had zero money problems for the rest of your life.
If you dont sell, you dont have the money.
If you invest with emotion, youve already lost.
You will rarely sell at the 'high'.
If you think its difficult staring at your computer year after year, hoping your stock will skyrocket.... prepare yourself for when you see the number $1,000,000 in your account burning a hole in your eyeballs.
Your hands shake uncontrollably, your head is filled with thoughts such as, "DO NOT SELL IT WILL GO HIGHER!" The price starts to drop.. youre freaking out.
You feel an overwhelming sense of dread when you logical brain takes over and decide to take the million dollars.
No matter how fast you type, you feel like youre not typing fast enough , your phone rings distracting you which makes you even more anxious.
You make a typo, so you have to start over, all the while the stock price jumps even higher which makes that voice scream, DO NOT SELL IT WILL GO HIGHER!"
You finally put in your Sell Order and press 'Enter'.. covered in sweat.
..and you think its difficult to buy 'gift shares' on the dips? If you still have not made $100 in capital gains... how will you be prepared when your account shows $1 million ?
Prepare yourself.
1
View My Board Here:
http://investorshangout.com/Joeys-Investment-Board-91611/
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
