Pietari Laurila
Pietari Laurila
United Arab Emirates
Hi all, Owing to current market conditions, eToro has decided to postpone the planned increase in the minimum copy amount to $20,000. This gives new copiers more time to consider joining, and existing copiers the opportunity to add a Recurring Copy if they wish: www.etoro.com/posts/e2141b60-d9b2-11f0-8080-80005b427476 In volatile markets, spreading entry points over time can often be a sensible approach. I recall the most difficult year of my investing career, 2018, before I joined eToro. The market kept going against me. There were recoveries, only to be followed by further declines. It was tough. And yet, looking back, the end of 2018 turned out to be an excellent moment to invest. The following year I recovered the entire loss and more, and the gains continued in the years that followed. The key lesson was to stay in the game, keep investing, even when you didn't feel like it. The market rewarded tenacity, patience, and grit. Today the portfolio is down around 10%. In the context of the past 20 years of the strategy, that is a routine drawdown. I invest with a 50-year horizon, and over such a long period there will inevitably be losses along the way. From here, the market may fall further, or it may recover quickly. No one can know with certainty. What does not change is the strategy. I continue to take aggressive but controlled risks with the aim of achieving significant capital appreciation in the long run.
Not investment advice. The author may have financial interests in the mentioned instruments.
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