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avatarc778ab
2022-07-04

Recovering from Losses

I thought now would be a great time to share a potential investment recovery plan admidst a period where the fear of recession, inflation, war and market crashes is heightened.So, let us begin:When we first experience a loss, it must have been devastating (especially if the amount is large). For myself, my hands would shake and I struggle to concentrate for the next few days. What ultimately got me through my losses are friends'/family's support and to come up with a plan to move forward.Step 1: Assess why the loss occurred.Was it part of your investment thesis before you started investing? If yes, you shouldn't blame yourself too much because every investment has its own odds of winning and losing. It is a necessary risk that you took to earn your returns. The bad outcome chose
Recovering from Losses

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