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Comment: Re:Suicide? (Score 2, Interesting) 785 785

You only lose money in the stock market if you sell. Until then it's just a loss on paper. The best thing to do in a down market is to hold on to your existing shares (assuming you aren't completely strapped for cash) and/or buy more shares (hey, the price is low).

The only time that doesn't work is if you own shares in a company that may not exist much longer. In which case you can sell and take a loss, or if they go under, you lose 100% of your money invested.

We were so poor that we thought new clothes meant someone had died.