- Buy undervalued stocks
- Have the patience to let the price catches up with the business value
- Collect dividends and reinvest
- Build up a sizeable warchest
- When market corrects, buy undervalued stocks
- Repeat the above
Reply to @akwl88 : been there 5 big ones before the dive down the side of Mount Everest, it is no Joke to be water tortune, When one see and avoid the Bearside,
it show TA do have some use in avoiding the Bear Crash.
Hi Brennan, I concur with your view that there are still people negative and sceptical of the market as they view the market is too high and predicted that the market crash can come anytime. Examples of well known investors who are sceptical of the market are Jim Rogers and Marc Faber. My view is that if there are still people who remain uninvested and worried that the market will crash, the market will not crash yet. However when the majority of the people are very confident the market will go higher, then there is a likelihood that the market will crash.
My simple plan to stay invested:
- Buy undervalued stocks
- Have the patience to let the price catches up with the business value
- Collect dividends and reinvest
- Build up a sizeable warchest
- When market corrects, buy undervalued stocks
- Repeat the above
Reply to @theintelligentinvestor : Must also be in the right stock, lol!
hindsight is always 20/20
same thing goes for pple who buy at the peak to find out that it is the start of bear winter
stay vested, have a warchest, game on!
Reply to @akwl88 : been there 5 big ones before the dive down the side of Mount Everest, it is no Joke to be water tortune, When one see and avoid the Bearside,
it show TA do have some use in avoiding the Bear Crash.
Hi Brennan, I concur with your view that there are still people negative and sceptical of the market as they view the market is too high and predicted that the market crash can come anytime. Examples of well known investors who are sceptical of the market are Jim Rogers and Marc Faber. My view is that if there are still people who remain uninvested and worried that the market will crash, the market will not crash yet. However when the majority of the people are very confident the market will go higher, then there is a likelihood that the market will crash.
Reply to @weehohup : Agree with you. Sometimes worry too much can be costly. Invest and watch, and watch and invest. Over time should be OK