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Definition of 'Take A Bath'
A slang term referring to the situation of an investor who has experienced a large loss from an investment or speculative position. Investors whose shares have declined significantly are said to have taken a bath.
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Investopedia explains 'Take A Bath'
For example, following the technology boom of the late 1990s and early 2000s, many investors, because of their huge losses, were said to have taken a bath.
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No investor is flawless. Here are some common investing fallacies and a step-by-step guide on how to avoid them.
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From a tulip craze to a dotcom bubble, read the cautionary tales of the stock market's greatest disasters.
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If these unpleasant emotions are allowed to influence your decision-making, they may cost you dearly.
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