The Long Term Investor

LOL.....I IGNORED the markets so much today....I forgot to check my results. EVERY stock in the red of course.....and....I got beat by the SP500 by 1.56%.

MOVING ON......as the correction is now.....snowballing as they usually do. I dont know if this is true.....but we must be seeing some basic panic eating away at the edges of the retail investors. That is what we need to end this situation.....some CAPITULATION.

 

I am not a fan of Cramer....I have never heard his show.....but he is right.

Don’t let Monday’s sell-off scare you out of the market entirely, Jim Cramer says

https://www.cnbc.com/2025/03/10/don...re-you-out-of-the-market-jim-cramer-says.html

"Key Points

• CNBC’s Jim Cramer advised investors not to leave the market entirely because of the massive sell-off.
• He said to remember there is always a bottom and stocks can recover, referencing late CNBC anchor Mark Haines, who correctly called a market bottom on this date in 2009 during the financial crisis.
• “Think of it like this: days like today are what kept you out of the big gains in the same stocks. Most people never get back,” he said."

 

if it makes anyone else feel better.....today I had the largest LOSS I have ever had in my life. In the multiple hundreds of thousands. Of course......part of the reason for the LARGEST loss is because my portfolios are the LARGEST they have ever been in value recently...in my life. SO.....what is my plan....what am i going to do?

WELL.....I am going to do NOTHING. I am going to IGNORE it all. I will remain fully invested for the long term as usual. NOTHING has changed in terms of the companies that I own....they are STILL making just as much money as ever. Their market cap may be down....but the money is still pouring in.

As for anyone else.....do what you have to do.....or do nothing at all. it is your choice and remember....THIS THREAD IS NOT INVESTMENT ADVICE.