tach with fun...PART-4

Watch tach with fun...PART-4 - Mrbeast1 on Dailymotion

Transcript

00:00But what usually ends up happening is that as soon as they sell, that original stock

00:04finally begins trending upwards, and they completely miss out because they're constantly

00:08chasing from one stock to another. The fact is, impatience ends up leading to impulsive,

00:12short-sighted decisions. It implies that you know how to best time the market,

00:17and it reinforces that it's okay to sell a stock once you get bored of it not constantly going up

00:22in price. In this case, the reality is, patience is one of the best qualities that you could have,

00:27not only with investing, by the way, but also with life. Nine times out of 10, the markets never just

00:32go up indefinitely, and there are going to be times where things just flatline, and that's normal.

00:37When it comes to this, the goal is to plan, invest, and think in 10-year increments. And when you don't

00:42do that, you become reactive. When you become reactive, mistakes are made. And when you make

00:47mistakes, money is lost. So if you want to avoid this mistake, just rest assured that time is on

00:52your side. And as long as you're properly diversified, the right companies for the right

00:57reasons, you're going to be just fine. As long as you don't screw it up going all in on meme stocks.

01:02Next, third, with margin debt...