Most people avoid their failures because they're painful. Pain sucks, but forcing yourself to asses things will provide a lot of important information to help you learn so you can avoid making the same mistakes in the future.
Our biggest losing stocks in 2023.
- CWH we're down 44%
- IEP is down 53%
- QRTEP was down 15% until the recent rally; now we're up 3.56%
- UAN is down 15%
- MPW we're down a whopping 40%
What's crazy is that we have been up double digit percents in all of these at some point, but things can change at the drop of a dime with news and sentiment shifts.
If you're using our investing approach, dividends and reinvesting minimizes a good chunk of your losses.
The more you evaluate your failures and hone your process, the better you'll become at investing and the less money you'll lose.
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**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.
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