I was 44 in 2008, did the panic pull and late to get back in. However did get back in, now using index funds. Thankfully have enough liquidity to wait out a downturn/upturn. My advice when the downturn hits, do not watch! Trust history and wait for the recovery!
I was 44 in 2008, did the panic pull and late to get back in. However did get back in, now using index funds. Thankfully have enough liquidity to wait out a downturn/upturn. My advice when the downturn hits, do not watch! Trust history and wait for the recovery!
Really enjoy this analogy of panic selling to a mid-life crisis!