“Rule number one: Don’t lose money. Rule number two: Don’t forget rule number one.”
The great Warren Buffett has made billions by investing in the stock market, and one of his most famous quotes is relating to the fear of losing money.
Let’s sit and think about that for a second… One of the richest people in the world appears to have a fear of losing money…
How does this translate to the average, financially illiterate Joe? “Jesus, If that dude is worried about losing money, I better just stay out of that roller coaster of a market.” Continue reading