with a long-term time horizon. I could have tried to beat the market by actively trading, but I didn't have the patience or the time to investigate each investment on an ongoing basis.
Sure, there were a few corrections where my investments decreased more than 10%. But there weren't bear markets where my investments fell 20% or more. I wouldn't know if I could stick to this strategy until I experienced a bear market.The beginning of 2020 started strong. My portfolio continued to grow with the market and hit an all-time high in mid-February. Initially, it looked like 2020 would be another outstanding year for my assets.
Rather than freaking out, I saw this as a buying opportunity. At a time when many others were panicking and selling their investments, I decided to purchase more. Despite this dramatic decrease, I never once considered selling my investments. I've commonly read reports that state missing only a few of the best days in the stock market. The ironic part is many of the best days in the stock market come shortly after some of the worst days.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Quibi is working with influencers, inside its strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market outlook: Buy 'reopening' stocks despite crisis, Tom Lee says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 'Renowned strategist Tom Lee' You misspelled perma-bull.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market news: Coronavirus deaths pass 500,000, investors fearful - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Everyone is just waiting to dump
Source: BusinessInsider - 🏆 729. / 51 Read more »
Even in Pride Month, LGBTQ businesses struggle to survive amid COVIDNormally at their peak busy season during Pride Month, many LGBTQ+ business owners are struggling to keep their businesses open amid COVID. Can we stop glorifying mental illnesses? Breaking news. Gay people buy stuff. Film at 11. Why do democrats punish lbgt businesses by keeping them closed ?
Source: ABC - 🏆 471. / 51 Read more »
3 things millennials don't know — but really need to — about investing in real estate - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »