3 Reasons I Plan to Avoid Selling My Stocks Until Retirement - The Motley Fool
Quick Read
Or maybe -- just maybe -- it gives them the chance to become the next Nvidia (NASDAQ: NVDA), whose stock price went largely nowhere from 2002 to 2012 but has risen almost 5,000% since.
While I have unfortunately made a few more selling mistakes since, mostly worrying about a broken investment thesis, these sales have reaffirmed that taking the "lazier" route would have provided much better returns over the long run.
Is the investment thesis as bright as it was just a year ago in each of these stocks?
Selling FOMO
When investing, "fear of missing out" is generally tied to not buying a breakthrough stock as it rockets upward or not knowing about some bleeding-edge technology that could revolutionize our world.
However, while I also have this FOMO about missing new ideas, my more significant fear is missing out on something I had already owned -- but gave up on too early.
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