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Did I not say a while ago that this was going to be a very volatile year?
Heres more on why Orman is urging novice investorsnot to make this financial mistake.
Why do you care?
She has no plans to sell her Nvidia stock.
Investor or Speculator?
Instead, she reminded listeners of the importance of maintaining a long-term perspective and advised against panic selling.
With prices rising and lowering over time, you earn a decent rate when you hold onto it longer.
However, she also asked her listeners to decide if they wereinvestors or speculators.
Anything can happen at any time, Orman said.
We can have another 9/11 here.
We can have all kinds of things happen that could send this market down, 50% down.
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