\1 Are you ever afraid of investing at market peaks?
Of course you are. So am I.
But…you shouldn’t be.
This is a tweetstorm on why not to worry about investing at market peaks, as told from the world’s worst market timer.
However, in October 1987 the market crashed, down ~30% from its high.
So, Bob took the $68,000 he had saved over the last decade and made his 3rd stock purchase in December 1999.
However, shortly after, the Great Recession hit and wiped out half of his stock portfolio.
So what was Bob’s secret?
HE NEVER SOLD.
Of course, not every market has had the same growth as the U.S., but a broad investment in equities would have done well historically.
Humans have been doing innovative things for centuries and they will likely continue to do so in the future.
Will you stick to your financial plan?
Will you own a globally diversified portfolio?
Will you be able to hold when markets get rough?
I hope so.
If you want to read Ben’s (@awealthofcs) full article, which this idea is based on, you can find it here: https://t.co/IaRTV1DlT5
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Margatha Natarajar murthi - Uthirakosamangai temple near Ramanathapuram,TN
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.
After removing the sandal paste,day long rituals & various abhishekam will be https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year
as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.
After removing the sandal paste,day long rituals & various abhishekam will be https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year
as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.