This blog is a follow up to an earlier blog titled:
Increased investment in Religare Health Trust by more than 150%.
This is in response to a request by Reader A.
We should expect volatility in prices. In fact, we should welcome it as investors. If we do not have the stomach for volatility, stocks could be a bad place for our money.
In a situation like that, apart from having an idea of what is a decent price to pay, how do we prepare ourselves mentally to pull the trigger?
Ask: To what extent can we afford to be totally wrong?
After all, if we are totally wrong, we could lose all the money we invested. Can we stomach that?
It is all about having peace of mind as investors. If you have forgotten or have never read my blog on that before. Read it:
HERE......
