What the video didn’t mention is the importance of stop loses. They can trail your stock price for ex. Sell when it falls 3% so you minimize your loses and sleep better. Depending on the stock or instrument. I’m not talking about crypto, bcs that’s highly volatile and a dump of 3% is nothing there. But a cut in value of a junk bond of 3% is huge. You hv to THINK! To save your self and your owns.
What the video didn’t mention is the importance of stop loses. They can trail your stock price for ex. Sell when it falls 3% so you minimize your loses and sleep better. Depending on the stock or instrument. I’m not talking about crypto, bcs that’s highly volatile and a dump of 3% is nothing there. But a cut in value of a junk bond of 3% is huge. You hv to THINK! To save your self and your owns.
When I put money in the bank I can be certain it is NOT the same when I try to withdraw it. Unless the government hasnt stolen it all.