You knew this day will come. But you never really know how bad it feels until it happens – seeing your money vanishing fast with indecisions racing through your head. “Should I sell? What if it rebounds? What if it goes down more? If I sell now I will lose a lot of money!” Indecisions led to inaction. But the bad feeling doesn’t diminish.
You start to accept that investing is so difficult and there’s an urge to give up altogether. “I should just put my money in a savings account, and work my ass off for the rest of life. At least my money would still be intact. Why invest at all if I have to lose money.”
Your ego may be bruised, thinking that you are not cut out to be an investor. “Maybe I am not as good as I thought I was. Why didn’t I foresee the crash and sell before it happens?...