Is The Stock Market About To Crash?
Is the stock market about to crash? Since I have no crystal ball I cannot say when. But I can say that the market is getting closer to the next crash. The market crashes on average every 4 to 8 years.
I can also say that many popular technical analyses say that timing the market does not work. The stock market has proven to be the No. 1 place to invest for the long term basing on 100 years of history.
Also studies have shown the longer you hold a diversified portfolio, the better your returns will be. And.....
Stock market investing is for life and not the next market crash!
If you worried about your stocks or ETFs in your portfolio, consider Selling them! Sure. But please don't do it because you are scared of the market crashing!
Sell them for good reasons like rebalancing your portfolio or because you need the money. Or because the fundamentals of the stock have changed.
After all if you are worried about the market now - when things are going well, how are you going to feel when it does crash? Probably frozen with fear! Unable to act on anything but fear. That is how most beginner investors felt during the depths of Covid 19 crash last year. In doing so, they wiped away huge amounts from their investment accounts by selling at the worst possible time!
So this is the plan if the stock market crashes:
Keep your personal finances in check, costs low.
Forget about the financial media
Focus on what you own and why you own it
Stay invested and add money regularly
And if the market crashes Add More, not less!
Remember Stock Market Investing is for life - Not the next market crash!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
cheers.
We may misinterpreted some and we may get lucky,
yeah，it's the end of world!
市面那么多钱，股市蹦了，会怎么样？the end of world……