Investments - More to it than meets the eye .
Published on August 9, 2023
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
In the beginning of last year Meta experienced a massive drop in stock value when in one day there was a 230 billion dollar wipeout. I remember just a short period of time before this happened Meta still traded at around the $331 mark and then suddenly stock dropped to around $237 a stock.
That is when I decided to buy Meta stock, never realising that things are gonna become so crazy that Meta will eventually fall as low as around the $80 mark. To say the least, I was utterly shocked and could never have imagined this would ever happen.
There were then big debates whether those (including myself) that bought during that time made a massive mistake.
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Well, looking at Meta stock now it is trading at $305 a stock and just a couple of weeks ago at around $312 a stock.
So what is the point I am trying to make? It may seem at the time that you have made a bad decision, but if you invest in big players you will seldom go wrong. If stocks go down, just keep them, because if it is a big player on the stock market (good quality stock) then eventually over time it must go up and will go up and is likely to recover to that level where it was before the stock crashed.
So when it comes to investing in stocks there is certainly more to it than meets the eye, so don't be too quick to come to a conclusion in terms of whether you made a good or bad investment, as time will tell.
Disclosure: I am not giving any financial advice or investment advice here at all as I am not a financial adviser or professional stock broker :) I am just giving you my two cents when it comes to my own conclusion on how to think about your investment in stocks, as to not be too quick to come to a conclusion regarding your investment success or failure. Do remember though that although investing in stocks can be very lucrative indeed as we all know, it can also be very risky indeed.
Wishing you all the very best of success!
Schalk
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