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No. of Recommendations: 14
Welcome to my favorite fools box Ox! Excellent perspective. I have a number of portfolios that have tanked in recent weeks/months and I'm having a hard time getting past the "if I had only sold in March.." mentality. I've been investing for 11 years since I graduated college. I started out conservatively and grew more aggressive as my investments grew beyond my wildest dreams. I was up more than 60% YTD as of 3/10. I am now just about even with my account balance as of 11/99.

I know the companies and have done the research. I've chosen market leaders and stayed the course. We'll come out of this eventually but I think sticking to it requires a tremendous amount of discipline.

I read an article today that said, during widespread market corrections, 90% of the people who bail out, sell somewhere near the bottom. Selling off all my securities implies that I have somewhere better to put the money. I don't, so I'm not selling.

I also know I can't time the market. I've tried and failed...miserably. Come to think of it, I should probably do everyone a favor and bail out today. Based on my experience, the entire NYSE and Nasdaq would rebound almost immediately after I hit the "SELL" order button for my very last share of JDSU or GM. Unfortunately, I'm no martyr so someone else will need to serve as a sacrificial lamb.

Thank you again for your insight. I think we all need to remember that investing takes a lifetime.

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