Have you ever missed out on an epic party and regretted it? ๐๐ข Today, we're exploring something similar in the stock market - the case of missed gains!
๐ก Missed gains = profits you couldโve made if you had made a different investment decision.
Missed gains can happen when you sell a stock that later skyrockets OR when you should have sold earlier. ๐๐
For example, letโs say you bought Nvidia stock for $100 and it rose to $200, so you sold it. ๐ต
Later that week, though, it rose to $500! You missed out on the extra $300 profit. ๐ข
Fear and uncertainty can often lead to missed gains ๐ฑ
It's like being too nervous to ask your crush to dance, only to find out later they were hoping you would. ๐บ๐
But missed gains aren't actual losses: they're potential profits you didn't earn. โบ๏ธ
You didnโt actually lose $300 on Nvidia, and you still made a profit ๐
You can wait to invest again, or focus on the long-term in the future!
You can even wait for the stock to dip, so you can get it on sale. ๐คฏ
So, donโt feel bad when you โmissโ some potential gains!
Instead, research and look for practical opportunities to reinvest at a better price. ๐ช