Will I Do Absolutely Nothing When the Next Deep Market Decline Comes?

The question is, will I do absolutely nothing when the next deep temporary stock market decline comes? The advance is permanent to those who don't react. This is the test for the successful investor. It's the reason for the returns but we shouldn't think about the return because they will come. As a rough rule of thumb, the general stock market each year moves from a high point to a low point of around about minus 14 percent. You should expect around double that every three to five years or more. Don't be a victim, be a winner.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app