My pandemic investment plunged 80 per cent. Here’s what I learned

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Risk is inevitable while investing but it can be mitigated through diversification

. Instead of putting $2,000 into one stock, I could have purchased a growth-oriented exchange-traded fund, or divided my funds among a number of riskier companies and alternative assets such as crypto.

Yet I had been swept up in the excitement of the markets, which at this point were already rebounding from their crash in March, 2020. In the month that followed, stocks were buoyed by an influx of eager new retail investors eager to share their successes online. According to Ms. Gardner, one tool I could have taken advantage of to mitigate losses would have been a stop-loss. This is a type of order, selected when making the trade, that automatically sells the security in question if it falls below a pre-determined threshold.

 

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BTW, the article was well-written & timely. IMO with UKR/RUS/EUR/NATO, readers will be more interested in energy (oil gas nuclear) than weed; why not do research into CDN energy firms, nrg use, $$, conservation, investment? NRG is our future.

We will always need cars&trucks&thingsthatgo & the fuel they use (oil&gas). Widespread EV use is decades away. CDN nrg co's are most profitable in the world. Best NRG fund: NNRG (etf) managed by Eric Nuttall. Watch his vids on BNN/read his tweets/buy some NNRG each month forever.

WTH would anyone invest in airport spas during a pandemic? Risky behaviour (the spa) isn't a good business plan. It's not only money you invest, it's time. Good on the learn that emotions and impulsivity are gambling, not investing!

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