When investing in the stock market, do you want to flatten your Wallet more and then laughing to the bank or you are fattening your Ego much more than your wallet.
If you want to flatten your Wallet much more than your Ego; then do this - More Investing and Less Analyzing. Check your 3M's - Method, Mind, and Money. Place more focus on Mind and Money. Your method may be simple; but your Mind must be strong and steady. Your Money management must be sound so that you will have some money to invest in long bear market - buy slowly. While you may not buy at the actual market bottom; you may be able catch at least some near the actual market bottom with sound money management.
Check back how were you doing at the last Bear market. If in the last Bear market, you have to dip into your emergency fund in the earlier part of the Bear market to invest. It could be an indication that you may have to seriously review your Money management this time to prepare for Mr. Bear. He may or may not come.
Look closely the picture above. Who did Mr Bear caught?
Tell me if you know the answer? hee hee.
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