You might not realize your losses. They are still losses.
This may be a unique perspective on BH site. If this was to be our worry we wouldn't invest in stocks or bonds.
Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
In fact, this is the canonical BH perspective. Being a buy and hold investor does not mean you deny reality about very real (hopefully temporary) investment losses.
"To play the stock market is to play musical chairs under the chord progression of a bid-ask spread."