31 Jan 25 Money Mike Minute Episode 53 Market Fluctuation

🤠 Howdy Yawl! What does market fluctuation really mean for you? 📈
💲 The "Market" is in a constant state of ups and downs...in fact every business day the market changes. 📉
😵 What happens when the market goes down...if you think you have lost money, hopefully this will help you better understand.
💰 When the market goes down it's called a "Paper Loss".
So, you bought shares, and now your portfolio is in the red? Don't panic! A paper loss is just an unrealized loss-it only becomes real when you sell.
🔹 What is a Paper Loss?
It happens when the market price of your stock drops below what you paid for it, but you haven’t sold yet.
🔹 Why Does It Matter?
If you believe in your investment's long-term potential, a paper loss is just a temporary setback. Markets go up and down-patience can be key!
🔹 When Should You Sell?
If your investment strategy or financial goals have shifted.
✅ Key Takeaway: Don't let short-term dips scare you. Make informed decisions based on research, not emotions!
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