Break Up With Your Losing Stocks

Don't let bias sabotage your success...‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

SPONSORED 2021: The Year of Stockflation? $11.2 TRILLION is about to unleash the biggest force to ever hit the market... But three new initial public offerings could reap the fastest gains... Get the Details Here FINANCIAL LITERACY How to Break Up With Your Losing Stocks Mable Buchanan, Managing Editor, The Oxford Club In this week's episode of his hit YouTube series State of the Market, Chief Income Strategist Marc Lichtenfeld takes on a difficult topic... Breaking up with losing stocks. Buying stocks is easy. Positive research findings can lead to feelings of optimism, and thinking about potential gains can inspire confidence. But when a beloved stock dips lower, the decision-making process can get clouded. And as Neil Sedaka sang in 1960, "Breakin' up is hard to do." Investors justify to themselves that the stock is bound for a recovery... and often ride it all the way down to the bottom. This kind of emotional attachment to a stock's positive first impression is known as "anchoring bias," and it can affect even the most seasoned investors. It's the same kind of bias that could lead you to see a $14 stock as "cheap" compared with a $17 one without considering important valuation metrics like price-to-earnings ratios or price-to-book values... And the same kind of bias that you could feel when falling in love with a stock's story and ignoring its weak fundamentals or volatility. But love for your favorite stocks doesn't have to be a losing game... SPONSORED The Best $10 Stock in the World It has 10.39 MILLION ounces of gold in reserve. At $2,000 an ounce... that's $20.78 billion worth. Yet its market cap is barely $1 billion! This stock has massive upside potential! In this week's episode, Marc pulls back the curtain on one simple technique investors can use to protect their profits and minimize losses when a near and dear holding begins to slip in value. Multiple studies have proven its success against self-sabotaging emotions, and Marc even uses it in some cases for readers of his income-focused newsletter, The Oxford Income Letter. The technique is setting a trailing stop. This is a predetermined value at which you'll sell a stock if it drops. That value increases along with the stock's price, keeping your earnings safe. The Oxford Club recommends setting trailing stops at 25%. Take the worry and uncertainty out of your decisions to sell. Watch this week's video and learn how to make a trailing stop work for you. <<Click here to see this week's video.>> Good investing, Mable P.S. Just three days until Marc sits down with Chief Investment Strategist Alexander Green and TradeSmith CEO Keith Kaplan! These three experts are teaming up to reveal how one kind of trailing stop could help you earn up to 4X more on all of your regular trades without taking on more risk through options or leverage. Click here to learn more. Leave a Comment MORE FROM WEALTHY RETIREMENT Where Bill Gates Got It Wrong Bitcoin's Dirty Secret A 12% Yield as Reliable as Your Crazy Friend Facebook Twitter Email Share SPONSORED Bill O'Reilly Was Left SPEECHLESS by This Letter (Holy Cow!!) It's not often that a TV legend like Bill O'Reilly is left speechless LIVE on the air. It turns out one of his listeners wrote to him, "Bill, in less than three weeks I have made $5,867 (up 25%)... holy cow!" See the special O'Reilly broadcast that showed this man the proven path to financial success (and how you can achieve it too)... CLICK HERE FOR THE SPECIAL O'REILLY BROADCAST! You are receiving this email because you subscribed to Wealthy Retirement. Wealthy Retirement is published by The Oxford Club. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. 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