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by rkomorn 116 days ago
Would you have $100k now or would you have sold it when it tripled to $3000 because that would've felt like a really good return already, though?
1 comments

Yeah this is the story I tell myself to make me feel better. I may well have even more regret! Or thought I was an investment genius and invested loads more and then sold it at a bad time.
yeah as Warren Buffett once said: "Our favorite holding period is forever".
That is basically my strategy. Everything I buy is with the intent of selling in a couple of decades when retirement comes, at the earliest.
It's a great strategy as long as there's agreement between people and that the "S&P500" (paste your) means something :)