You should buy stocks when they are cheap and sell them when they are high to make a profit. However, is this principle only applicable to stocks? All assets should be purchased when they are inexpensive and sold when they are at a high value to create and maintain wealth. Stock prices are easier to fall than to rise. Temptation leads to fear, and fear leads to temptation. People want to buy something that is becoming expensive (or has its price inflated) and sell it quickly because they fear the price will drop. Of course, if the fear is too intense, it becomes challenging to act, so you may refrain from selling even though you know the price will decline further. If this is instinct, then buying and selling stocks should be reversed. Stock prices are more complicated to rise but easier to fall. The rise in price occurs because the performance value must act as the energy for the stock. Therefore, stocks should be viewed as good to buy rather than good to sell. A stock’s fate is deter...
A heart’s wound heals not through will but through chance. If we fixate on our lingering emotions and pain, we will endure even greater suffering until we encounter that chance. Emptying our minds isn’t just a trendy idea; it’s essential, as clinging to stubbornness leads to futility. I realized this truth after overcoming my stubbornness, which ultimately brought me far more happiness and joy than regret by freeing myself from it. - Joseph’s “just my thoughts”