Magical thinking…

Nah, manifesting, as it is currently used, means "believing" it into existence.

You want a new job, act as if you already have it, it will come true...

That kind of thing.
Manifesting works to some degree.

When I was training for a competitive race, I would manifest myself crossing the finish line in first place. But you have to put in the work, first. It doesn’t happen by chance.
 
BTW, not a current event.
The current zeitgeist is all about magical thinking.

But enough about Walt and the terrible state of his financial health.
I drive a Yaris, and have more than enough in my Roth to comfortable retire.

It is not insane to wait until a stock regains its value before selling it.
You are assuming the stock will regain its value. If he bought it on margin, he is having a margin call. That means he is having to pay more in to keep the stock(good money after bad). The interest on the margin used to be small, these days it is a real thing.

And he is losing time. If he waits 10 years for the stock to get to the price he wants, he could have put the money into a growing investment for those 10 years.

It is a tough decision. You do not want to sell at the worst of the panic, but the worst of the panic has passed. Now people are calculating how bad RCL is.

Yes, the Golden Rule is the commandment for Christians.
Sadly, for people such as yourself, the "golden rule" is "he who has the gold makes the rules."
 
The current zeitgeist is all about magical thinking.


I drive a Yaris, and have more than enough in my Roth to comfortable retire.


You are assuming the stock will regain its value. If he bought it on margin, he is having a margin call. That means he is having to pay more in to keep the stock(good money after bad). The interest on the margin used to be small, these days it is a real thing.

And he is losing time. If he waits 10 years for the stock to get to the price he wants, he could have put the money into a growing investment for those 10 years.

It is a tough decision. You do not want to sell at the worst of the panic, but the worst of the panic has passed. Now people are calculating how bad RCL is.


Sadly, for people such as yourself, the "golden rule" is "he who has the gold makes the rules."
No, WWW, the Golden Rule is Biblical, treat others as you would have yourself treated

The man who has the gold is making the rules.

You are just jealous because you have very little gold (wealth), WWW.
 
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