Ryan
Apr 12th, 2009
Apr 12th, 2009
Don’t Get Too High, Don’t Get Too Low
Since hitting a multi year low back in March, the stock market has been on nothing less than an absolute tear, up over 20% since that point.
20% growth in a month is not–absolutely not–sustainable. So while it’s great now, there’s no way it’s going to keep happening. To expect it is to get way ahead of ourselves in terms of expectations.
Yet in early March, when the market had lost more than 50% of its value from its all time high–hit within the last 18 months–the talk was that we were in the next depression.
Don’t get too high, don’t get too low. When the market’s on a bull run, it’s never as great as it seems, and when it’s on a bear run, it’s never as bad as it seems. Just stay the course and stick to your plan.
Staying the course is the right advice for sure.
That’s solid advice. Not always the easiest to heed, but certainly time-tested.
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