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RE: Surviving Market Pull Backs

in #trending6 years ago

I've lost 60 to 65 percent of my portfolio. I'm sure I can survive any future drawbacks. I'm young and won't really consider selling before 2020 at the minimum. I may momentarily get oit if I see a huge rise but I'll be sure to get back in as soon as possible.

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This will happen especially if we invest in growth stocks. Growth stocks can pull back when the market slides on average of 25-30%. The people who have the stating power really benefit because they can survive the huge market pull backs. They are are the ones who get rich. Stick in there and hang on. Build some cash on the side and look for an opportunity to get back in.
Square was at $12 two years ago now its trading for $85. imagine if you had 100 shares.