The Ten Commandments of Investing
Many Happy Returns
00:00
Are You Scared of Market Crashes?
Your problem is not trying to time the market. It's that you've probably taken too much risk in your allocation, right? Rather than trying to dance in and out, you should have a portfolio where you're comfortable with the level of drawdown that can be expected looking at base rates. And if you are buying it, valuation, which is fair, or even cheap, then great. Because yeah, it might get cheaper, but it always recovers. So don't put all your money into Tesla options, call options, because that could expire completely worthless. You have to diversify and also buy things which do recover, like an index,. A global index will always recover, a national
Transcript
Play full episode
