Stick to rules and dont lose money

2021-07-21

The hardest lesson to learn while investing was taught today. Do not panic sell and sell at the bottom. Why do you think everyone sets Paytiecnce and Warren Buffet quotes, Rule number 1- dont lose money. Rule number 2, follow rule 2. Also, the stock market transfers money from impatient to the patient. A little story, about 5 years ago I took 10k out of savings and started investing. Purchased 9k into Nvida for their chip manufacturing. ER came out and stock dropped 8% in 2 hours. Scared me and I settled for a loss. Went to the next stock and guess what..settled for a loss. Fast forward to today, if I could have waited then I would have turned 9k into over 180K- the one that got away. Really it took me years to learn a lesson but wait for a positive return and do your DD before buying. Stick to rules and dont lose money.$Exela Technologies, Inc.(XELA)$

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