Seth writes:
“When making a choice between two options, only consider what’s going to happen in the future, not which investments you’ve made in the past. The past investments are over, lost, gone forever. They are irrelevant to the future.”
I agree. Too many bad things happen when people insist on preserving the past only because they paid a lot for it. It might be painful, but sometimes you have to true up and say: That might have been a good decision when it was first made, but it is not a good decision today. Be honest with yourself, and embrace the change.
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