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Hello everyone, welcome back to my blog. In this post, I’m going to talk about loosing money in the stock market.
I always thought we would make money in the stock market.
Well, I tried it out, there are times when the money increases but there are also times when it goes down.
Loosing Money In The Stock Market
When the stock prices goes down, that’s when we loose money. We loose money because we bought at a higher price then the stock price went down. And this is happening right now. Experts are calling it a bear market when prices go down.
Most of the stock prices are going down right now and they are red. Some others call it a sell off and investors are selling their stocks.
The reason it’s going down? I don’t know. I can only speculate because I’m no expert. I’m thinking it has something to do with inflation. Also, maybe it is because the interest rates to borrow money is high. Probably there is uncertainty in the future that worries other investors.
Let me know in the comments what you think can cause the stock prices to go down.
Most of the stocks and ETFs that I own right now have gone down in value and I lost some money. I lost my money in the stock market.
It is red guys, my investment in the stock market is loosing value right now. But, this doesn’t mean I’m taking my money out right now. I’m not selling off.
I’m going to continue to invest in my favorite high dividend ETFs. This is my game plan. I’m going to continue to buy in, while the prices are low.
The stock price of big companies are on sale right now and I’m going to buy in right now. This is how I will build my wealth. I’m going to continue to buy when the prices are low.
The prices might still go lower and I will loose more money but it’s okay. I’m investing in big companies, top companies, companies that are in the S&P 500, the top 500 companies in the U.S.
Stock prices may go down now but I know these top companies can get that price back up in the future. I’m going to continue buying in and holding my favorite stocks and ETFs at least 5 years.
I know 5 years from now these stocks will go back up and that’s how I will make money and build my net worth.
On top of that, my high dividend ETFs will continue to provide dividends which I will reinvest to speed up the growth and accumulation of wealth.
Stocks are on sale guys. We should be buying our favorite top companies now.
I’m going to continue to dollar cost average to put my extra money to work.
Note: I’m investing my extra money, this means I do not need this money right now. I’m willing to wait until this money grows big enough and I make money when I do sell.
That is my game plan right now, just continue buying and investing in my favorite ETFs. Even if the value is still going down.
I don’t want to time the market guys, I just keep putting my extra money to work and let it build with time.
Investing is still a risk and there’s a chance that I will loose my investment. Even with the risk, I firmly believe that our economy will bounce back up and my investment will grow.
Conclusion: Lost Money In The Stock Market
I can handle loosing money in the stock market. I think it is temporary. I’m going to be patient and keep on investing.
I’m investing my extra money so it doesn’t loose value with inflation. Extra money is money that I’m willing to loose and money that I don’t need right now.
It is still wise to have an emergency fund, saved money that you can use right now for unexpected expenses.
I will not time the market, I’m going to dollar cost average every single month and build my paper assets that way.
Dividends for me, still is a great passive income source. I’m reinvesting all of my dividends right now and hopefully in the very long future I would be able to live off of dividends.
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Comment down below your favorite ETFs and if you have the same game plan as me.
Thank you so much for reading my post. I’ll see you on my next post.
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