Sell Everything or Buy The Dip

Описание: Is there a stock market crash coming in 2022? With the S&P 500 down around 10% this year should you sell everything or buy the dip? This video is going to explain why you should continue to steadily invest.

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No one knows the future. There have been so many more wrong, fear mongered, stock market crash predictions than there have been correct ones. Michael Burry (Big Short) and Jeremy Grantham have made historic stock market crash predictions in the past which has given them a lot of notoriety. But what you don't hear about is all the false predictions they have made and continue to make. 88% of professional finance fund managers fail to beat the S&P 500 every year. If they can't do it, you probably can't do it either.

The #1 reason people lose money in the stock market is because they trade on emotions. When they see scary headlines they sell. When they see social media "hype" posts they buy. It's already too late if that's how your hearing about stock market news. Instead, just stay steady and ride the roller coaster. The only people who get hurt on a roller coaster are the people that jump off.

Missing out on just the best 10 days in the stock market over the last decade would have reduced your returns by 48%! Missing out on the 20 best days would reduce your portfolio by 66%! The best days for the stock market usually follow a stock market crash or stock market correction.

Lastly, if you are concerned that we are on the edge of a major stock market crash, let's look at some historical data. The 2008 housing bubble put America in a recession that caused a 57% stock market crash... Which we recovered from in 3.5 years. And then we had the longest bull market in history. The Covid 19 pandemic caused a 34% stock market crash in 2020, the market recovered in just 3.5 months. And the S&P 500 finished up 16% in 2020. The market will always recover, it's too big to lose and too many important people count on it.

🎒FINANCIAL BOOKS I HIGHLY RECOMMEND:
1. Rich Dad Poor Dad: What the Rich teach their kids about money that the poor and middle class do not. https://amzn.to/2SLWLhw
2. Everyday Millionaires: How Ordinary People Built Extraordinary Wealth. https://amzn.to/3dno5Mr
3. The 4-Hour Workweek: Escape 9-5, Live Anywhere, And Join the New Rich. https://amzn.to/34IkSTS

This video is not sponsored. Some product links are affiliate links which means if you buy something I may receive a small commission at no extra cost to you. This is not investment advice.

#timwolffe #personalfinance

00:00 Intro
00:37 Wrong Stock Market Predictions
01:27 Trading on Emotions
02:27 Missing the 10 Best Days
03:33 Major Stock Market Crash