4 Comments
User's avatar
Maxwell House's avatar

''The psychological toll is something you need to experience before truly understanding it.''

Expand full comment
Brian McCann's avatar

I have had similar learnings over my years of investing. It used to pain me to see others outperform on a given year. But now I focus on running my own race.

Good stuff, keep it up!

Expand full comment
Name's avatar

"Lucky" you, got your investing knowledge from gold bugs of BNN.

I got my first investment "wisdom" from MotleyFools.

Never again!

Also, why does everyone want to outperform the market so badly?

I could just put everything in index funds and forget about it, but I pick my stocks because I enjoy doing it.

Joy over money, life is short.

Expand full comment
Dean's avatar

Thanks for the comment. I think the real lucky part of my early experience is losses were kept small due to the dollar amount being small. It would be another story if I had lost more than a few thousand dollars.

I go back and forth on how much to track the portfolio performance. I think for me, it is me trying to grade the quality of my decisions to buy/sell and construct a portfolio.

Expand full comment