Ouch, ouch ouch, DPO never again!

[Floridatennisplayer]

IPO Ritter Pharmaceuticals. My initial investment is now worth $36.00. Screw it, not selling now...I’ll just let it die on its own.

 

[NW-Bound]

I would have a bit more money if I had sold some of the stocks I had when they got down to 50c on the dollar.

I remember reading somewhere an advice to unconditionally sell when a stock drops to 75% or 50% of your purchase price. You can always buy it back, but with a fresh perspective.

Chances are you will not want to buy it back. The author said it is like when you divorce a woman; it is not likely you will remarry her.

 

[Senator]

Most retail investors do not even beat the rate of inflation. You have proven the point.

I stick with the S&P. I have already lost money on all the high-flyers.

The S&P 500 provides an average 10% return. The stock market provides an average 7% return.

The average investor greatly underperforms the stock market. Over the last 30 years, the average investor saw a return of 3.66%, whereas the S&P 500 had an average return of 6.73%
https://www.creditdonkey.com/average-stock-market-return.html