Tuesday, December 3, 2013

Not exactly death by a thousand cuts but it hurts

My investments are slowly spiraling down. Even my Royal Bank stock has dropped. The stock, only days ago worth more than $70, has now dipped into the $60s. My weaker stocks like Cathedral Energy are also dropping. I am still in the black with CET but it is clear I should have sold more of my holdings when I was busy taking some profits off the table.

But this is not unexpected. This is the stock market after all. We all love to gloat when the market is rising. You just have to learn to take the inevitable bad with the oh-so-wonderful good. On the bright side, I now have a little cash on the sidelines ready to invest when the right buying opportunity arises.

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