Inspiration in times of adversity, like the recent red markets we have had, can come from unlikely sources. In the 1930s and 40s a southern man was intent on starting a food business after having failed in pretty much everything he had tried to that point. His goal: to make a recipe for the perfect chicken. Exactly 1,009 times he tried, failed, and reworked his recipe to get it just right. On the 1,110th try, he tasted success. The man's name, of course, is Colonel Harland Sanders, and the company would become Kentucky Fried Chicken.
It can be so tempting to throw in the towel and decide that you will take a break from the market, or just sell out and move to new stocks when everything in your holdings turns red. To be sure, sometimes keeping cash out of the market is smart, but panic selling and giving in to others isn't. We all have red days, bad days and examples of failure, but we can choose how to respond to them.
Days like these we can buy more in sound investments, learn to hold through the downturns and reevaluate our holdings. Most of all, don't get down. We don't fail, we just have some days things don't work out. Stay the course and you will taste a success that is a lot longer lasting than chicken.$Triterras, Inc. $WESTWATER RES $Aprea Therapeutics Inc $GameStop $AMC Ent Holdg $Zomedica Corp $Castor Maritime Inc $MicroVision $Nano Dimension $Tyme Tech
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