My dear tiger investors:
Let us all remind ourselves investing is a journey which you planned and staying on course. Our biggest weakness is controlling our emotions and that will determine your success.
Here are my thoughts and I hope we remind ourselves not to make the same mistakes. I want all to make money together to achieve financial freedom?
We are excited to see markets hitting new highs each day ? and seeing your money grow. Who doesn’t want that? ? I always believe a healthy market should pull back before it goes higher ???. I’m not saying we sell and take profits butdo take a pause and stay rational in not chasing the market. To be honest, I’m scared of this situation now knowing market hasn’t corrected yet. Should it really happened I believe it’s a meaningful 10-15%
Nobody can time the market but stay invested is the way to go in the long run. We should be prepared like what happened last September when the tech sector corrected a fair bit before moving higher. We should be ready when it happens and be ready to buy our beloved stock at discount. Best strategy by far is still dollar cost average as we will never know where the bottom is.
There is this theory always hold true what goes up must come down and vice versa.
Invest safe and be happy ?
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