"Be fearful when others are greedy, and be greedy when others are fearful." These were words spoken by Warren Buffett at the height of the 2008 Financial Crisis. I mentioned this phrase a lot when I blogged about the emotion-less and contrarian "Investor Mindset" a few years back. Nowadays, I seem to have to remind myself about it a lot more.
In recent weeks, I have been slowly buying stocks at their lows but of course, one knows that they can go lower. When my portfolio takes a beating or I feel unsure about whether to buy more, Warren Buffett's words again helped me get through those times.
As I slowly accumulate stocks, I realize too that investing can be such a lonely activity. You and you alone are fully responsible for your decisions. I may discuss with my husband and he gives me his full support. But, when I ......