Yes, it's just hard to implement. When you see your investments down 30% or 50%.... It's too easy to be emotional and think that they might go down 80% (how many times 1929 was quoted in 2008 crash?), so they sell. If you can ignore the media and the friends and the family and buy more (as a rational decision because most stocks are likely trading below its intrinsic value), then you developed the intestinal fortitude required for this!ELiTE KiLLaH wrote: ↑Seems the best thing to do is the opposite of the masses (in certain cases lol).
Bear market: most ppl panic and sell and take their money out of the market, either running with their profits or more likely running with losses. U should buy here cuz stuff is cheaper.
Bull market: ppl are getting crazy cuz the market is going up so they buy in now, when u should be doing little or nothing and riding the wave? Lol
Rod