Why Citigroup Inc. (C) Beat Up on Everyone and Everything This Week

But since I have to frequently remind myself of this, I’m going to remind you, my fellow Fools, of the same thing: You’re in this for the long term. Checking on your stocks everyday is all well and good, but barring fundamental changes in the company, take whatever you see with a grain of salt — sometimes a very large one.

Occasionally, you’ll see the phrase “Get rich slowly” flash across the top of The Motley Fool’s homepage. It’s one of my favorite Foolish slogans, it and helps keep me personally focused on the long term. I strongly recommend a strong dose of it for days you feel the invisible hand of the market has slapped you down.

The article Why Citi Beat Up on Everyone and Everything This Week originally appeared on Fool.com and is written by John Grgurich.

Fool contributor John Grgurich owns shares of JPMorgan Chase. Follow John’s dispatches from the bleeding heart of capitalism on Twitter @TMFGrgurich. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo.

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