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Read Millionaire Fastlane - Now feeling extremely guilty being invested in stocks

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PJ Pahygiannis

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Oct 6, 2014
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I'm 22 and have built my most successful business to date. It has margins above 80% and generates a lot of excess cash that is just kind of piling up. I've made about $30k and have about $6k of that invested in stocks. I've plowed all of that money into my portfolio literally in less than a two month time period. I don't trade. I buy and hold undervalued stocks. BUT, now I feel extremely guilty and kind of sick to my stomach for holding stocks. I'm conflicted though. I've always loved investing. I've read every book about Buffett and Munger there is. I do well at it, but it really has dawned on me it is the slow lane route. I'm tempted to just hit the sell button and sell my whole portfolio.....
 

MJ DeMarco

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I've read every book about Buffett and Munger there is

Neither of which got rich because they invested in stocks like the average Joe retail investor.
 

OlivierMo

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Feb 12, 2018
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I'm 22 and have built my most successful business to date. It has margins above 80% and generates a lot of excess cash that is just kind of piling up. I've made about $30k and have about $6k of that invested in stocks. I've plowed all of that money into my portfolio literally in less than a two month time period. I don't trade. I buy and hold undervalued stocks. BUT, now I feel extremely guilty and kind of sick to my stomach for holding stocks. I'm conflicted though. I've always loved investing. I've read every book about Buffett and Munger there is. I do well at it, but it really has dawned on me it is the slow lane route. I'm tempted to just hit the sell button and sell my whole portfolio.....

Keep it there. It's not a huge amount and you're young. I regret selling in 2008 all my stocks (apple, netflix, adobe, and the likes) b/c I'd be loaded right now and it would be a lot of cash available to buy a house cash. It's not black and white
 

MJ DeMarco

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now I feel extremely guilty and kind of sick to my stomach for holding stocks.

Nothing wrong with holding stocks -- they're ownership in companies. We're all for that here at Fastlane right?

The problem is the thinking that one of these stocks will make you rich if you just patiently wait 50 years.

The means will never justify the ends.

Waiting 6 hours for a lifeboat on a Titanic that has 3 hours before it sinks is not wise.
 

LeoistheSun

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Oct 3, 2017
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Nothing wrong with holding stocks -- they're ownership in companies. We're all for that here at Fastlane right?

The problem is the thinking that one of these stocks will make you rich if you just patiently wait 50 years.

The means will never justify the ends.

Waiting 6 hours for a lifeboat on a Titanic that has 3 hours before it sinks is not wise.


I would venture a guess to say that owning equity before an IPO is different?
 

Erik.Lambo1

PARKED
Nov 9, 2008
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0
12
Chicago/Manila
I've always loved investing. I've read every book about Buffett and Munger there is. I do well at it, but it really has dawned on me it is the slow lane route. I'm tempted to just hit the sell button and sell my whole portfolio.....

If Buffet made billions investing in stocks, then how could you justify it being slow lane.

Slow lane is investing in blue chips and hoping for a 10 percent gain after a few years and some dividends along the way. If you want to make it big, try to find the "future" blue chips. It may take some time, but the returns can be as high as 1,000 percent or even more.

I have been actively trading and investing in Forex and stocks since 2009 and I've met a lot of great traders and investors who are cashing in big. With that said, it doesn't matter which route you take, business or investing, as long as you're good at it and you know what you're doing, you can make big $$$.

Erik
 

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