longtermInvestor

It is a pity that I only made 13 cents per share on XL while enduring great stress yesterday. Bought at 3.35 yesterday and sold today at 3.48. Now it is 3.64. I kept on telling myself yesterday that it is very common to borrow money to do business or buy a house. I will just keep paying down the loan (margin). I should be happy today that I made some profit, right? no, my money on ago is still way down. It is not good, when you win, you win 13 cents, when you lose, you lose a couple of dollars.

Anyway, the good news is that I still have confidence on ago and stock market as a whole.

The other good news is that I bought my mbi back at 3.4 which I sold at 4.64 days ago.

Non stop struggling for a bull in a bear market. What I see is bargain everywhere, and I have to control my greed to take them all, even need to learn to go against my rational, sell much undervalued positions, trying to generate some cash, hope I do not lose the sight of forest, while I am struggling with every single tree.