How Losing Money Can Help You to Earn Money

losing money
5 min read

In 2007, I worked as a mutual funds advisor at ING. I thought I was a real hotshot and also started investing with my personal money. The first stock I bought was the company I worked for at the time. 

Within a year, I lost 60% of my money because of the financial crisis of 2008. When that happened, I did what most people do: I stopped investing altogether.

That’s our usual response when we experience losing money on a venture, whether it’s a failed business or a market crash: We stop and we become afraid. And that’s normal. It’s what most people do when a market crashes (whether that’s stocks, commodities, crypto, and so forth).

But you can’t succeed if you get out of the game.

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