Quote:
Originally Posted by rsmurano
Fear mongering at its finest. So what if the market goes down! It’s a buying opportunity for some of us.
How did you do during the 2020 covid downturn? Panicked? Shouldn’t have, we all knew that it was going to be a “v” shaped down and up and in a little over a few months, not a few years. The saying goes: “even a 9 year old knew this” and it was true.
If anybody is panicking because of this kind of downturn, you shouldn’t be in the market. This is when you can make good money. Your portfolio should be setup so you don’t have to sell 1 share to live on during these downturns.
Many many people will make millions over this. I got out late last year and I’m glad I did. I’ve been trickling putting money back in but still waiting for the true “pivot” point on when to be fully vested.
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A very good summary of GOOD investment policy. Kudos.