Look that I’m behind the curve and still stuck at the bargaining stage, as I continue to hunt for undervalued stocks selling on the cheap in a red of sea.
I’m not sure if I would ever enter the next stage of depression as I only invest with what I could afford to lose.
It helps that I’ve a long-term investment horizon, so that I do not lose my sleep over short-term market volatility, which I like to befriend to take advantage of buying opportunities. I like to stay invested over market ups and downs, as I believe that time in the market will generate higher returns over time compared with timing the market.
Even with companies that I like, I tend to invest in small tranches over time, as I’m terribly bad at market timing, so I prefer to dollar-cost average with my investments.
It also helps that I maintain a war chest that is sustainable with frugal savings and steady streams of earned and passive incomes, so that I can have the holding power to weather through storms, without succumbing to force-liquidation of fundamentally strong companies facing temporary headwinds, and have the dry powder to continue to acquire undervalued stocks when the opportunities arise.
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