My stepmother (who is 8 years older than me) bought a provincial bank stock four years ago, at a price of just over 7 yuan. Later, the stock fell to 6.6 yuan, and she incurred a paper loss of 220,000 yuan. She asked me multiple times what to do. I advised her to be patient, wait, and endure. I said: "Grin and bear it, just endure a little longer, this stock has no risk. Hold for two or three years and see. If you have money, you can also buy more on dips." Now her cost basis is 7 yuan, but the stock price has risen above 10 yuan.

My stepmother has repeatedly thanked me, saying: "If it weren’t for your encouragement, I would have given up long ago." For stocks without delisting risk, we can only endure, wait, and persevere. People who frequently switch stocks often get hit.

The sector is very good, dividends are high, and companies with excellent performance will always rise. I’ve found that stocks held for more than five years rarely lose money.

#后妈 #btc