Panic selling

[Rollingskies]

Well I cannot afford to lose anything. However, I trust the stock market and the diversification rules. Over time I will always make a profit. Have a read of Bob the World’s Worst investor. Anyone can be better than Bob. Just don’t panic. Buy and close the app and come back in 10 years.

Bob - the World's worst investor

I have always found this fictional illustration helpful. Last year I introduced my family to investing before the crash in October last year. I also told them about the Santa Rally that happens at the end of the year… Thankfully I also told them about Bob and why today those who held on to their portfolio positions haven’t lost a thing and have actually made returns. Every sea gets stormy, but if you stay in the ship and ride the waves you will reach the land in one piece.