Investing During CONVID-19 Bear Market. More Pain Ahead!!!
Dumb or silly retail investors will suffer pain and more pain longer while smarter ones are staying at sideline smiling as it is still early! Tracking old pain and new pain from CONVID-19 Bear market and see how painful can it be.
I see within a week or 2 Uncle you lost 3 years of household expenses (7%). A further 20% correction would probably take your paper gains down from 21% to 14%. What is the differences between the inception capital of 21% vs the 13% investment cost?
There is no capital injection to investment portfolio since inception on Jan 2000. Position sizing and risk management is based on this capital size for consistency.
By including paper gains lost back to Mr Market; one can see clearly the illusion of wealth in the stock market fooling us when Bull is running.
This time market dropped like Waterfall and not by taking steep escalator down. :-(
I see within a week or 2 Uncle you lost 3 years of household expenses (7%). A further 20% correction would probably take your paper gains down from 21% to 14%. What is the differences between the inception capital of 21% vs the 13% investment cost?
ReplyDeleteThere is no capital injection to investment portfolio since inception on Jan 2000. Position sizing and risk management is based on this capital size for consistency.
DeleteBy including paper gains lost back to Mr Market; one can see clearly the illusion of wealth in the stock market fooling us when Bull is running.
This time market dropped like Waterfall and not by taking steep escalator down. :-(
Virtual capital of 1m is simoler way of measuring performance across market cycle
ReplyDelete