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Script #335

Broke mindset VS. Rich mindset and how they react to market drops ...

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The stock market just dropped 20%. Here's exactly what happens next. I panic, open my app, and sell everything before it gets worse. I open my app and buy more because everything is on sale. I tell everyone that the market is rigged and investing doesn't work. I remember that every single crash in history has recovered. Every single one. I move everything to cash and wait until it feels safe again. I know that by the time it feels safe, I'll have already missed a recovery. I check my portfolio like 10 times a day. It impacts my emotions. I do not check my portfolio. My time horizon is 30 years, not 30 days. I missed the entire recovery and I locked in these losses forever. I stayed in, I kept investing, and the crash ended up being one of the best financial decisions I have ever made. I need to comment MMA so I can build a portfolio where I never panic again. So if you want to learn how to build a portfolio and the money psychology, just like me, comment MMA down below to get a free link to MasterMoney Academy.

Listen — I can be your personal guide through all of this. Want to take it further? Check the link in my bio.

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Created Mar 14, 06:08

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