Sticking to your guns — Vieje Piauwasdy

We have a team slack channel for those who want to discuss the markets and investing. I feel like every day someone is posting some ridiculous fact about something unprecedented in the market. I’m happy I started nibbling last month and bought some $GOOGL. It’s been a nice return so far.

I can only imagine what it must feel like right now to be that person proclaimed that the world is falling apart and sold everything in March. I already have major FOMO from not buying more earlier this month.

There’s a lot of chart porn out there on Fintwit right now, but my favorite chart of a company in my portfolio is $RH.

I bought $RH last March when Rob from Koyfin.com sent out a newsletter. I bought in at right around $105 and saw the stock drop to $85 in the following few months. The stock price peaked at about $250 in mid-February. After the crash, there’s been a great rally and I’m back to a nice return on my one-year position.

Of course, we all wish we could’ve bought at $85 and sold at $250 but the markets don’t work that way. Investing is an emotional rollercoaster. There’s lots of ups and lots of downs, but you need to stick to your guns during the good and bad.