How do you manage regret after not selling an asset before it declined?

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  • #99065 Reply
    USER

      How do you deal with investment regret? Not selling and then asset went back down.

      Looking for serious thought management / framing techniques if you use them. Beyond all the usual platitudes.

      Was up so much on an asset (I’m not going to say how much because I’m still kicking myself) but didn’t sell it.

      Now just kicking myself about all the things that money could have done.

      Thank you.

      #99066 Reply
      Aaron

        If only I would have bought apple in 1999…lol never give it a second thought slow and steady wins the race

        #99067 Reply
        Sean

          Set up your plan before you buy. Then stick to the script so emotions don’t cloud your judgment.

          With that said, most day trading doesn’t work out in the long run.

          #99068 Reply
          Yujin

            Reframe your mind that this is part of investing and what investors sometimes go through.

            You are an investor.

            Lots of people can’t say that.

            #99069 Reply
            Lee

              Another way to look at it — would I buy it at the current price?

              #99070 Reply
              Danielle

                I mostly invest in index funds for the long term but I have some “extra” money that I use to buy individual stocks.

                I decide when I’ll buy or sell and set limit orders that are good until canceled.

                If it hits my threshold it automatically fills.

                #99071 Reply
                Marisa

                  Yes I received some RSUs and didn’t sell them right away and the company stock crashed

                  #99072 Reply
                  Neka

                    Accept what you’re of risk taker you are. Maybe you are more conservative than you think.

                    Also pre planning is important.

                    Have a set of funds to play with if you loose it o well

                    #99073 Reply
                    Shawn

                      Are you trading or investing? Was the stock overvalued? If you like the company you are usually better holding on for the ride and not selling.

                      If something bad is happening at the company, aka the company is damaged goods, you are usually better selling even after a decline.

                      If a decent company comes down in price you buy more.

                      #99074 Reply
                      Steve

                        Think of it as a lesson, learn from it, and move on.
                        Everyone could’ve bought low or should’ve sold high at one point or another.

                        #99075 Reply
                        Leslie

                          It may go back up. The market goes up and down. I am hanging on to my stocks at least 5 more years.

                          #99076 Reply
                          Mark

                            I buy low cost index funds / etfs / mutual funds. I just buy and don’t sell

                            #99077 Reply
                            Anu

                              Hind sight is always 20-20. Don’t try to time the market and if you do you will be gambling and not investing.

                              Investment needs to be based on understanding the industry and the company business you are investing in really well or best to stick with index funds for the long haul

                              #99078 Reply
                              Matthew

                                Acknowledge you can’t control or time the market. Just buy, hold, then buy again when it dips.

                                If you made a decent stock to invest in, it will get back to that peak and you’ll still make money from the dip.

                                #99079 Reply
                                Romy

                                  As a newbie that’s just getting started, you should seek the assistance of a professional.

                                  Someone who’s going to guide you properly through the whole process of investing and help you understand the pros and cons of each decision you make

                                  #99080 Reply
                                  Jeff

                                    For many people it’s the opposite, you sell for a decent gain and then regret what could have been if you would have kept it.

                                    When something gets that high that it can change your life, you should sell half if you still want to see some ride.

                                    Lesson learned, search out the next one.

                                    of it ride. Pigs get fat, hogs get slaughtered.

                                    #99081 Reply
                                    Anita

                                      Reframe your regret by focusing on what you learned and evaluate if your decision-making process was sound.

                                      Set clear investment goals and practice self-compassion.

                                      Use the experience to improve your strategy and ensure diversification to reduce future regrets.

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