To The Moon

Now think about it. The average bear market drops 35%, and right now the market's dropped 20%-25% on the S&P. Now it's bounced back a bit, but it went all the way down to close to 25%. Let's say you bought after a 25% decline, and after you bought it went down another 10%. Does it really matter? It doesn't really matter if it went down another 10%, 15%, or 20% because ultimately it's gonna go up 200%-500%. So it doesn't matter whether you bought at -20% or -35% if it's going up many hundred percent-fold in the future. Investors have to get over that Let's imagine you bought a stock at $50 today, and it's gonna be $200 in the next couple of years. Will you be happy? But what if I told you that after you bought it at $50, it dropped to $30 first before going to $200. Will you STILL be happy? It's the same thing right, so why do you care that you dropped even more before eventually going up to way above where you bought it right. Like I always say, as an investor you never want to invest all at once. You always want to save a bit every month to put a bit into the markets consistently, so if it drops to $30, you can still add in a bit more to keep averaging your cost down. So eventually when it bounces $200, you'll get an even bigger return!