Yes, you read it right. Stocks will fall. We just don’t know when. This thing will be true even 100 years later.
What goes up, comes down & vice versa.
It’s nature of stocks. To go up & down.
It’s like expecting Sachin Tendulkar to keep hitting 6s & centuries only and never get out. How stupid, isn’t it?
In this bull market, let me assure you beforehand, that stocks go down too.
If you don’t have it in you to see your portfolio go down by 20-30%, then this is the best time to book profits and exit the market.
Later on it’s going to be painful.
But yes, let me also tell you, if you endure these 20-30% drawdowns, you’d be minting money like anything once the market recovers (as it always does).
Bottom line, stay invested if you have patience & tolerance. Exit the markets now if you panic at the very first sign of troubles. As simple as that.