5. You Have More Options Than Just Sucking It Up and Accepting Losses
“The long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the ocean is flat again.”
John Maynard Keynes, 1923
By now the peril of buying individual shares has been well-established. Now investors have another choice.
- You can give up and not play the game at all, and withdraw all your funds from the market in favor of cash instruments such as money market funds.
- Or, you can keep socking money into a 401(k) or retirement IRA, never check the statements, and hope it all works out without any active decisions on your ...