Bear markets make money.
Bull markets make people lose money.
As strange as it may sound, that’s the reality.
Majority people get carried away with bull market, take leverage to make quick money & bet all in.
Once the bull market is over & start correcting, those who buy last (Usually majority) ends up losing a lot of money.
To thrive & survive a bull market, one must study what happened in past bull markets & how to avoid making common mistakes.
You’ll learn a lot from:
Tulip bubble,
Pre 1929 great depression rally,
Harshad Mehta 1990-1992 bull run,
Dot Com bubble,
Pre 2008 sub-prime crises rally
A lot can be learnt from all these bull markets.
In the end, profits which are sustainable are real profits. Rest, market takes away with it.
Be cautious.
Also read this month’s top blog: Tips For Bull Market
I’ve shared some tips worth gold over there.
Happy investing journey!