Losing some money can’t be a total loss. But losing your life and hope is seriously bankrupt!
You are now looking at the spilt water, the one gone, not the water you have left in your cup.
The money lost…should teach you some lesson learned.
1) Greedy mind is the most dangerous form of any financial crisis.
2) No easy money in this world. Any kind of investment involves risk. High risk, high return.
3) Any scam is successfully done because of one’s greed.
Yes, it is indeed a very expensive lesson. But it will prevent you not to make the same mistake again.
My husband was once trembling because…he lost more than 100KSG$ overnight. He looked like a corpse to me. I didn’t feel despaired or angry. I told him…just “cut loss”.
In investment, you must know when and how to cut losses. Timing is important.
We made that decision 10 years ago to cut losses. Now, our daughter is 15 years old. We didn’t lose our minds and time spent with her. We switched our investment strategy and diversify our investment.
Just fix your attitude and the way you look at money. Do you want to be its master or slave?
Earn money and spend it to live your life well. Save and investment is part of living your life BUT, not the main goal.
Look at the water left in your half glass. You are still young and both of you will be able to earn and save more.
Get up. You are not alone to lose from investment. Make it a valuable lesson, not just waste it.
P.S. Most the people’s portfolios now are in RED, mine too. So what? I still enjoy the rain just now