Five daily affirmations to get investors through this latest bear market

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Five daily affirmations to get investors through this latest bear market — via financialpost

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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 /  🏆 49. in SG
 

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Opinion | We are now firmly in the claws of a bear market. The government must prepare people for hardshipIt’s crucial for the government to convey the danger of our economic reality, nudge behaviour where it can and manage expectations around loss.
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