Just shows that you need to understand that markets go up and down. Why did you not sell it when you had a small loss?
To continue holding a financial asset that is falling in value and is tradeable is a sign of someone who does not have a grasp on the essence of markets.
They can go up and down and the object is to make a profit.
Now if you had purchased all the silver dollars in a bank vault when the dollar link to silver was repudiated and stored them, you would have a nice increase over the years far beyond the interest you might have earned on the paper.
Investors are different than traders admittedly but you still have to recognize that "Buy and Hold" is a risky proposition.
Of course it does. I rationalize the whole thing as "Sentimental Value," just to cover the fact that I bought high and held for 15 years just for sentiment and recognition of remaining married to my first wife for 25 years. Now it's 40 years and we depreciate while our memories appreciate until either inherint vice or alzheimers tanishes that too.
Everybody around us has traded in their spouses always looking for greener grass or the dream of tradin up, or something like that... oh well. No body goes long or values relationships anymore. It requires too much commitment. However, not everybody wins by tradin off, either. It's all in what one values, I guess.