In any give week (or sometimes day) the markets can lose Trillions in value.
At least that’s what we were told by the gurus of Wall Street and their bought-and-paid-for Presstitutes.
So, our question is, where did the money go?
If trillions was lost, who gained it?
Did it simply disappear or is it hidden in someone’s “offshore account?”
Seriously. Haven’t you ever wondered where these massive losses go?
Ironically, most people don’t question their losses as much as they complain about them.
That’s because human nature never changes.
Follow me on this.
When markets take a beating the sheeple usually lament their losses with statements like: “OH! I lost (fill in the amount) when the market crashed.”
And what’s crazy is, they act as if it’s some kind of badge of honor to brag about their losses. The bigger the loss, the greater the badge.
But what’s really funny is, most people confuse their cost basis with the market value at its peak.
Losing Trillions…
Example: You have $100,000 invested and it grows to $150,000 (a 50% increase). Then, when the market falls and your $150,000 drops back to $100,000, you act as if you lost $50,000.
Question: How did you lose $50,000 if you still have your original investment?
See what I mean?
Many investors forget how the value of your investments changes daily with market movements. And you must remember, it’s NEVER a profit (or a loss) until you take it.
You can be the greatest stock picker in the world and still lose money. In fact, the best stock pickers I’ve ever known are usually the worst stock sellers.
Because when you let emotions make your decisions instead of LISTENING to what the markets are saying…you often end up losing.
And contrary to what the Boyz in the “Club” want you to think, listening to the markets is not rocket science.
In fact, it’s so easy that you need to have someone help you misunderstand it.
