TSXV:EVE.H - Post by User
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BobbIeheadbobon Jul 07, 2021 3:52pm
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Investopedia
Investopedia What Is a Bag Holder?
A bag holder is an informal term used to describe an investor who holds a position in a security that decreases in value until it descends into worthlessness. In most cases, the bag holder stubbornly retains their holding for an extended period, during which time the value of the investment goes to zero.
KEY TAKEAWAYS
- A bag holder is slang for an investor who holds onto poorly-performing investments, hoping they will rebound when chances are that they will not.
- There are psychological motivations behind bag-holding behavior: namely, investors tend to fixate on remedying losses, more than they focus on realizing gains.
- Bag holders tend to lose money by being the last owners of a failing investment.
- https://www.investopedia.com/terms/b/bag-holder.asp