Five daily affirmations to get investors through this latest bear market

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A positive attitude leads to a positive outcome, writes Peter Hodson. Here are some affirmations to help investors look on the bright side.

Keep in mind, though, that the best time to buy is usually when there is no reason to buy: meaning, all the selling is already done. As they say, no one rings a bell at the bottom. I can’t tell you when the bottom of the market will be, but I can guarantee that all the news you hear at the bottom is going to be bad.Article contentIn a bear market, the doomers come out to tell investors that everything is going to get worse.

But to help you get through the bear market, remember that these prophets of gloom do not have psychic abilities. They do not have any better predictive ability than you, or I. In other words, we all have none. Keep simple economics in mind here. If someone could actually predict the market, then simply telling others about their prediction would only impair their own ability to make money from their prediction . Daily, remind yourself that no one — no one — can predict the market.

 

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