Many of us started getting interest in investing by being interested in making money from individual stocks.
Due to that, we seldom pay enough attention on the portfolio perspective. The proper asset allocation or such higher level considerations.
The problem here is that to be successful in building wealth over the long time frame, it requires you to survive until you are able to see that all these mambo jumbo you read in books and blogs do work.
This means you need to address some psychological worries.
And some of the biggest psychological worries that we often have is “What will happen if we invest all our money before the market falls by 30-50%?”
That is a scary thought.
However, my interaction with others shows that the fear is mixed. Some relish for that opportunity. For good reasons because in those situation they would be able to buy ......