Financial Education: Once You Are Out, You Are Out
6
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This is another tidbit for those who are newer to the investing game.
With an asset, once you sell, you are out. That asset is now part of the thousands that you do not own. It is no more meaning than anything else that is out there.
In this video I discuss now many have FOMO after they sold an asset. What if it keeps running? Well, what if other things out there run? It is the same thing. The fact that you owned it two days ago means nothing. You exited, hence it is just another asset on a watchlist.
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