Everyone is fine in a Bull market and most know not to panic sell when a crash happens, but theory and reality can be different. I aim to try and take advantage and looking to develop a full protocol document to guide me during the next big crash so I don't go all in when it's dropped 10% only to go further, nor pull it out or shift to other investments when it's not a V shaped recovery and the market has been down for a couple of months.
So I was wondering, do you have a plan written down, or what would you suggest relatively new investors to do. Have you found any useful resources that helped?
Do you have a plan for the next market plan written down?
byu/datawhite ininvesting
Posted by datawhite
4 Comments
My plan when it goes down again
Buy more
You just buy more, nothing changes.
idk why yall are forcing your brains to make this black magic:
investing = buy more
goes up? buy more
goes down? buy more
story end.
Yea invest as normal and make no changes to how I invest .
If some of my allocations go out of balance due to the crash I will rebalance to bring them back in line, exactly what I do in bull markets and flat markets