Retail investor: Everything's dumping. I'm thinking about selling before it gets worse.


Me: Do you own good companies at good valuations?
Retail investor: Yeah... $VOO , some $MSFT, $GOOG.
Me: Did Microsoft get worse as a business in the last 2 weeks?
Retail investor: ...no. Same company I guess.
Me: So the exact same companies are 15% cheaper & your move is to... sell them to someone smarter?
Retail investor: When you say it like that it sounds terrible.
Me: Red days are when I make my money.
Retail investor: So while I'm panicking, you're shopping.
Me: Every single time. The scared hand their money to the patient. Been that way forever.
The dip isn't the danger... your reaction to it is.
VOO-0.86%
MSFT-1.82%
GOOG-2.17%
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