I started investing (real equities only) in March 2022 (SP500 & in SP500 top 10 individual stocks) and the every day rising stock prices at the beginning fooled me enough to keep adding big chunks as the prices were rising, thinking that I'm increasing my gain.
Next I recognized a company which had the potential, bought stocks and in matter of hours panic sold them all at -25%, only to find out it went up more than 35% next day, meaning that I could have earned more than 10% if I kept them for another day.
I thought I learned a lesson that the market does exactly the opposite of what I “think”, so I did the opposite of what I thought, and long story short, my conclusion now is that the market does the exact opposite of what I “do”.
The other valuable lesson I learned is that those analysts on Yahoo!, YouTube, Bloomberg etc. know nothing better about the market. If they knew, they would be on a luxury yacht instead of sitting in front of a camera.
These days everyone is talking about the lost decade and while I'm trying to be deaf (because I do not believe in the analysts) I'm ofcourse not blind and watching the stocks going down in the past few weeks and bad political news keep coming. But the SP500 did actually return at 2.3% annually during the lost decade of 2000s although its still a loss when its inflation adjusted but this means that its better to keep the money invested in stocks rather than having them sitting in a bank.
Now here comes my question for you. Do you believe that this is the beginning of a lost decade?
The strategy that I'm “considering” now:
Selling 40 to 50% of my stocks while the loss is painful, but minimal and keep watching the market. Everytime I feel that this is a new low, I buy. Although I can bet that the market will show its middle finger to me the very next day I sell 😀
Lets have a discussion about the lost decade, whether or not you think its happening and have you done anything or are planning to do to something to protect your assets.
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