?? The most recent bear market officially ended back in October of 2022. How are you preparing for the next one?
Pete Nikolai
Helping investors double their money every four years using the Optimum Mix of investments detailed on free newsletter. Read and trade less than once per week. *not investment advice*
All bull markets eventually come to an end.?
The time to develop an action plan for corrections, bear markets, and other?inevitable temporary setbacks such as the Global Financial Crisis of 2007-2009 (see image) is before they begin.?
Following the rules of a backtested investing algorithm should help enable an investor to be dispassionate, systematic, and evidence-driven.?
Developing appropriate expectations and trust in an algorithm help enable an investor to take the necessary actions at the necessary times.?
Charts such as those on the History and Perspective page?(see link in first comment) show that the long-term direction of the stock market is up in spite of corrections, bear markets, recessions, and other transitory events. That long-term trend can be reassuring and help establish appropriate expectations and confidence.?
Any questions or feedback??
$UPRO $FNGU $TSLA $PYPL $HD $WMT $EURL $TMF?
#investing #LevMoInvesting #financialfreedom #investment #firemovement #retireearly #investments #invest
Helping investors double their money every four years using the Optimum Mix of investments detailed on free newsletter. Read and trade less than once per week. *not investment advice*
1 个月???History doesn't repeat itself, but it often rhymes (Mark Twain).? I repeat myself to reinforce what I have learned about #investing and remember how similar situations have played out in the past--and to help others do the same. For more information see https://leveragedmomentum.com/history-and-perspective/ and subscribe to the regular email newsletter.?