The key to making money in stocks is not to get scared out of them.
About this quote
- What does it mean?
- Fear causes investors to sell at bad times; calmness is required to profit.
- In plain terms
- Do not sell because you are scared.
- What can you take from it?
- Control fear to make money in stocks.
Where it applies
Putting it to work
Questions to consider
- When did fear make you sell too soon?
- How do you handle market drops?
Another view
Fear can sometimes be a rational signal to exit a truly failing asset.
More from Peter Lynch
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