Avoiding being shaken out
My fellow Reddit investors, I need to word this so it doesn’t come across as investment advice so I will just refer to what I am telling myself. “Don’t let the volatility in the shares let you get shaken out of your part ownership of this great company. Is it painful, yes, particularly if you are watching closely. More so if you are watching closely and then reading the negative posts on this sub. Do less of the things that are likely to shake you.”
The volatility is the price that has to be paid for great future returns. The volatility is also what is going to shake out the investors that were really looking for a quick gain and not wanting to be true part owners in a fabulous company.
You can probably look at your own investing history and see where you have been shaken out of investments in great companies. For me, two hit hard … Apple and NetFlix. I got shaken out. I believed in both of them to the Nth degree but I watched too closely and let the noise get to me. I wasn’t invested like an owner.
I will not make the same mistake with Reddit and I hope you don’t either, which isn’t investment advice.
