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RE: Bulls Make Money. Bears Make Money. Pigs get Slaughtered

in #psychology7 years ago

As an investor the best TIP I can give you is to see money as monopoly money. I remember the time when I started in school where losing or gaining 5 euro´s had a big impact on my. I had to work an hour for it at my part-time job. You slowly need to build it up. As a value investor you need to be able to live on a 10% down and knowing it is temporary. It is not. As long as you did your research, you know it will get up again.

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Great advice Thomas, thank you! 😎