$Franklin Technology Fund (LU0889565833.MF)$
Recently, quite a few investors said that they have fallen quite a bit and feel that they can't hold on. What should they do.
I have two ideas. First, it's not economical to sell in the current location. The market position is already low. Although it hasn't reached a very low level, it still has a very good cost performance ratio. Referring to historical experience, I bought it at the current valuation position and held it for a long time, and the results were not bad.
Second, not being able to hold on to this matter is also part of my bottom-line mentality. You should not consider this matter after it has declined; instead, when buying, you should think of a plan to deal with an unfavorable situation. Even if you don't have a specific plan, you should have a general idea.
The market is always unexpected and subject to all kinds of fluctuations. We can't think about making money smoothly after buying; there is nothing to worry about when we make money. What needs to be considered is what to do if an unfavorable situation occurs. If you think from this starting point, you will naturally understand a series of measures such as controlling positions, diversification, and increasing positions step by step. You can try this little trick. Before you buy anything next time, make a plan to anticipate and deal with adverse situations to see if your investment decisions will be different.
If you really feel like you can't hold on and want to sell it, you also want to think about plans after selling. Should you go to a certain location to buy it back, or don't you play at all? If you want to...