I Just Lost $1.5 Million In Stocks
Money August 1st. 2022, 2:07pmGo to http://public.com/graham and use code GRAHAM and you’ll receive a randomized free stock worth up to 00 once you open an account! Here is why I’m down .5 Million in profit since November 2021 – Enjoy! Add me on Instagram: GPStephan
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Throughout 2022, my overall plan is to PLAN for the worst, and continue to dollar cost average into the markets on a regular basis. I know that’s the same advice I keep talking about in every video, and I sound like a broken record – but, it’s the truth, and when you REALLY get down to the fundamentals of investing, it’s not that exciting…if anything, it’s boring.
Sure, I did lose over .5 million dollars in profit, and I’m down 20% from the peak throughout the last few months as the ENITRE MARKET has fallen…but, it’s not a reason to panic…and, if anything, as long as your properly diversified, it’s a great opportunity to lower your cost basis, get a better deal, and gain some of that valuable investing experience.
I think SO MANY PEOPLE have become disillusioned that stock market investing is as simple as it was throughout 2020 and 2021, where everything was going up, and records were being broken…but, the truth is, that was an anomaly. Historically, an SP500 that averages 7-8% per year is REALLY, REALLY GOOD….and, most likely, we’ll eventually return to that average.
So, I hope this helps provides some context to my OWN investments, and – at the end of the day – nothing everything is always going to be up…just sit back, continue to enjoy the ride…and no matter what…destroy the like button for the YouTube algorithm.
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