RE: RMM18 May 2021 23:50
>> At times like this when the price retraces, if you invest on the research and enthusiasm of someone else, you'll never be able to have the confidence to know what you should or shouldn't do.
That is a great point. If you have done your research and understand the fundamentals, then you can withstand the slings and arrows of outrageous fortune.
So, apologies to the bard, but...
To hold, or not to hold, that is the question:
Whether 'tis smarter in the end to suffer
The slings and arrows of outrageous fortune,
Or to take arms against a sea of troubles
And by opposing end them. To sell, to hold
No more; and by to sell to say we end
The heart-ache and the thousand natural shocks
That stocks are heir to: 'tis a consummation
Devoutly to be wish'd. To quit, to sell;
To sell and buy elsewhere; there's the rub:
For when we sell our stocks, what rise may come,
When we have finally sold this awful share,
Must give us pause—there's the threat
That makes calamity of every sell.
For who would bear the whips and scorns of stocks
The unexpected placing, the constant de-ramps,
The bitterness of sellers, the licence delay,
The insolence of others and the spurns
That patient merit of th'unworthy takes,
When he himself might his quietus make
with a simple sell. Who would fardels bear,
To grunt and sweat under a drifting price,
Except for the fear of missing out,
The undiscovere'd porphyry, from whose bourn
we would get rich, puzzles the will,
And makes us rather bear those stocks we have
Than fly to others that we know not of?
Thus FOMO doth make cowards of us all,
And thus the native hue of resolution
Is sicklied o'er with the pale cast of thought,
And enterprises of great pith and moment
With this regard their currents turn awry
And lose the name of action.
In my defence, I was bored and may have had a couple of whiskies :)
Sign In
Follow the stocks
