"Be the man who is worthy of his portfolio size"
I was underwater for 10 months of this year.
What did I do ? Nothing much.
Did some small buy but cannot remember which.
Why don't I remember? All my buying are set months ago — gtc order.
What do I remember? Zero selling.
Tbh, it never feels good to be underwater for 83% YTD. But I always believe the money is always in the waiting and not buying/selling. And allow compounding to occur by simply not disturbing it.
My portfolio has fallen>50% thrice since 2008 and each absolute amount gets bigger as my overall portfolio grows from 6 to 7 figures. Those amount, those drop can be a year or two of my 9to 5 income and I need to/ have level up myself to handle those temporary drawdowns.
"Be the man who is worthy of his portfolio size."