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Julius_Kelp

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Julius_Kelp

Re: Julius_Kelp post# 9019

Sunday, 12/04/2016 12:44:48 PM

Sunday, December 04, 2016 12:44:48 PM

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terryhallinan re: your post on investorvillage.

I meant I'm going to ponder further the psychology of "loss aversion".

https://en.wikipedia.org/wiki/Loss_aversion

"The first step is letting go of loss aversion. Sunk costs are sunk. The price you paid for your shares is irrelevant." That's actually a good point I'll need to ponder further.

Cheers
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