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“One of the basic rules of investing is never, if you can help it, take an investment action for a noninvestment reason,” Phelps advised. Don’t sell just because the price moved up or down, or because you need to realize a capital gain to offset a loss. You should sell rarely, and only when it is clear you made an error.
100 Baggers
Christopher W Mayer
people would rather choose a familiar dysfunction than a healthy, thriving life that’s unfamiliar. It’s like that quip, “I know I live in hell, but I know the names of all the streets.” The status quo is a powerful glue.
The Insider - December 2024
Banks Benitez
Perfectionism is self-destructive simply because perfection doesn’t exist. It’s an unattainable goal. Perfectionism is more about perception than internal motivation, and there is no way to control perception, no matter how much time and energy we spend trying.
Daring Greatly
Brené Brown
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