Good stuff Bob!
It's NEVER about how much or how little money people have -- it's about earning and multiplying what you do have so that LATER you'll have SOME rather than NONE.
Baby steps.... Learning... understanding the market... WINNING.
Money is all "relative". Large investments also LOSE large on big market swings. So it's not all just fun and games! What I'm trying to imply here is that how a guy feels about losing is as important and how he feels about making money. Because as you have success -- and that pot grows -- so do the swings! This is why I encourage people to look at PERCENTAGES rather than dollars. Percentages are much more relational!
If a guy invests $500 and it doubles to $1000 --- that's a 100% profit!! How do you handle that? Do you skim some of the fat and reinvest in something else? Do you let it all ride and hope it doubles again? Do you look at that and think that over time it might be 10 times that? Or do you freak out and sell it all? Are you checking the market every 15 seconds... or do you look at your account once every quarter...
These are all thoughts that people go thru.... and it's what each individual needs to learn about themselves. It makes little difference to ANYONE if it's 50 bucks or 50 thousand bucks... The feelings and thoughts will be there.
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