๐๐๐๐ฉ๐จ' ๐๐๐ง๐๐๐ง - ๐ฎ๐ฎ ๐ ๐๐ฃ ๐ฎ๐ฌ๐ฎ๐ฒ
So what's harder, and try to be honest with yourself.
Starting a new investment
or
Holding it when itโs down 20โ30% and every headline tells you youโre wrong?
Most investors spend all their time on the first part.
Very little time on the second.
And yet, the second is where outcomes are decided.
Understanding our own mindsets and biases is one of the most difficult things when it comes to investing.
Looking at historical returns on a chart for the market $SPX over multiple years and planning your investment risk appetite and style, it's easy to say to yourself, you know how you would react if the market were to fall and classify yourself as a risk-on or growth investor.
But it's a very different experience actually living through a bad stretch in the market.
Buying feels proactive, like you're doing something.
Holding feels passive โ even though itโs an active decision not to react.
This is usually where things go wrong:
When the market dips, the thesis hasnโt broken, the business hasnโt changed, yet most of us feel compelled to 'do something'.
So people sell, not because theyโre wrong โ but because theyโre uncomfortable.
Thatโs why this portfolio is built around holding rules, not excitement.
More time letting compounding do its job.
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