People who believe in long-term investing usually agree on the basics when things are calm.
Ignore the noise, think long term, don’t overtrade, ignore Mr. Market (he won’t be mad at you) and use him if you can.
That all makes sense.
What feels harder nowadays is everything else going on around us.
Politics, global changes, constant headlines, a feeling that the world is shifting in different directions at once. It’s hard to completely separate that from how you think about the future.
For newer investors like many of us, a lot of these ideas are still untested.
We haven’t been through many cycles yet.
We trust the theory, but we haven’t really lived through it working over time.
I’d be interested to hear from people who’ve been investing longer.
What did this feel like during past crashes or periods of big uncertainty?
And how did you cope with it back then?
Long-term investing sounds clear in theory. But how does it hold up when the world feels unstable?
byu/CuriousEngineer11 ininvesting
Posted by CuriousEngineer11
5 Comments
Did you try searching? This has been asked here over and over again since Trump was reelected
I tell people one of the most important factors in retail investing is having a good job. I bought a bunch of stocks during the 2008 crisis, and aside from being extremely lucky, a lot of that came down to actually having some money to spend. I go long-term, high-concentration, individual stocks.
I think there are dozens of posts discussing the exact same thing. If you’re aware of this I suspect you’re partly seeking for reassurance in the current climate. No one will be able to confidently give you that. Check. People have asked this before.
Bogle
WW1 will have felt unstable
WW2 will have felt unstable
The oil crisis felt unstable
The dot com crisis felt unstable
GFC felt unstable
This too will pass into history.