Patience and The Market

Losing money in the market is no fun and can be very scary at times.

In my portfolio I am dealing with a few stocks losing money for my portfolio and the biggest one is Caladrius.

After researching and reading I feel Caladrius Biosciences is on the verge of something great and that something great is becoming the leader in manufacturing cell therapy.

If my hypothesis come true I will be well on my way to my goal.

But, the ability to have the patience to see what will happen has my stomach in knots some days. At some moments I want to cut my lost - but, than I go back to why I brought the stock in the first place.

Having the patience to see what will occur takes a lot of prayer and closing my eyes real tight.

I will see what will happen to the company in the next 12 months before I make my decision to stop the bleeding or rejoice in overflow. In 12 months I will know which way this ship will turn.

Still working hard to reach my 2-21-21 goal.

Now, I have to decide what I will do with the cash I have on hand as I wait for the market to tank. Friday it took a big dip but, not big enough for me to purchase anything. Plus I am still debating what I will purchase and why.

In all of my purchases I need a why - it can be as simple as because Warren Buffet said to buy the VFINX or as complex as reading an earnings report, that states the bank will finance the company until June 2017 and at that time oil should be a little better than it is right now. It could also be because I read there are only two companies who are approved to do cell therapy manufacturing for this specific cell therapy. It could be a host of reasons but I always have a WHY.

Just letting you know whenever you purchase stocks or mutual funds have a why. This will help you know when fold them and know when to hold them.

Since my why have not changed with Caladrius I must suck up the hurt now because I feel like the punishment today will be no match for the reward of the future.

It goes back to patience and knowing I am not a trader tried that and failed at it. I am an investor so 1 day, 3 months, and 12 months mean nothing to my long term goals.

Yes, I am excited to see where I land on 2-21-21