I'm not sure why I didn't listen to my father. He advised me to take profits in the share market whenever possible, as it's a volatile market.

Hindsight is always 20/20, isn't it?

It's natural to reflect on past decisions and wonder what could have been. Your father's advice to take profits in the share market is timeless wisdom. The stock market can be unpredictable, and it's essential to be prudent and adapt to changing circumstances.

Not taking profits when possible might lead to:

1. *Losses*: If the market declines, you might end up losing some or all of your gains.

2. *Opportunity cost*: By not taking profits, you might miss out on other investment opportunities that could have generated better returns.

3. *Emotional stress*: Watching your profits dwindle can be emotionally taxing and affect your investment decisions.

However, it's essential to remember that:

1. *Experience is a valuable teacher*: You've learned a valuable lesson that will help you make better decisions in the future.

2. *It's not about timing the market*: Even experienced investors can't consistently time the market. Focus on making informed decisions based on your financial goals and risk tolerance.

3. *Diversification is key*: Spread your investments across different asset classes to minimize risk and maximize returns.

Take this experience as an opportunity to reassess your investment strategy and adjust your approach accordingly. Your father's advice is a great starting point!

Reference: Metal AI