“I will buy stocks when the market crashes.”
Have you heard this before?
Such expressions or variations of it can be heard commonly while the stock market was performing.
However, you would rarely hear investors say that anymore when the stock market tanked, like what is happening now.
Most would share their concerns why the markets are going to get worse or why this time is different because of inflation and rising interest rate; or that recession is coming and would sink stocks.
This is normal as we are only humans and we allow fear to override logic. We spooked out when we see stock prices plunging endlessly and our portfolio value erased in quick time.
Hence most would stay out of the markets and not invest, contradicting the initial plan of buying during a market crash.
Buying when markets are down
I hope that showing you some numbers would help to clear your head....