I completely agree. Itβs an emotional thing, to crystallise a loss, but ultimately investment pots need to be viewed holistically across the portfolio and investors should allocate money where they have the highest chance of good returns. You win some, you lose some - donβt get attached to stocks; theyβre not attached to you.
You nailed it: letting go of that emotional baggage is the hardest part. But as you said, itβs about looking at the portfolio holistically and sticking your money where it has the best potential. Stocks donβt care about our feelings, so thereβs no reason for us to cling to them if the outlook is grim.
I completely agree. Itβs an emotional thing, to crystallise a loss, but ultimately investment pots need to be viewed holistically across the portfolio and investors should allocate money where they have the highest chance of good returns. You win some, you lose some - donβt get attached to stocks; theyβre not attached to you.
Hey Lewis,
Thanks for chiming in.
You nailed it: letting go of that emotional baggage is the hardest part. But as you said, itβs about looking at the portfolio holistically and sticking your money where it has the best potential. Stocks donβt care about our feelings, so thereβs no reason for us to cling to them if the outlook is grim.
All the best, Jack