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Viewing Profile: yklooi
yklooi

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Member Group: Senior Member
Joined: Apr 2013
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User's local time Aug 4 2020, 10:39 AM
Total Cumulative Posts 6,532
( 2.5 posts per day / 0.01% of total forum posts )
Most active in Finance, Business and Investment House
( 6430 posts / 99% of this member's active posts )
Last Active Today, 10:36 AM
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“What we do know about crises [is] that they occur with great frequency. What we don’t know is when they will happen, what will be the cause, how long the bear market will last and how deep it will be?” ---- investment writer Larry Swedroe.
We know crises will happen but we don’t know when. In order to account for that, we have to invest for the long-term knowing a crash is bound to happen someday.
In other words, your investment plan must incorporate the virtual certainty that you are going to have live through many crises, perhaps about one every other year or so, and live through them with equanimity, without panicking and selling.

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Time is now: 4th August 2020 - 10:39 AM