The market is not going to go straight up and to the right. You will experience drawdowns. Prepare accordingly.
2024 might be a bad year. We might get a recession. We might get a bear market. We might get a housing collapse. We might get a war. We might get political turmoil. Actually, that is definitely going to happen.
One of the biggest requirements to be a successful investor is to be emotionally healthy.
Years ago, circa 2013, I kept hearing about the cryptocurrency bitcoin (BTC). I didn’t investigate it at the time when it was trading around $100.
A lot of people think stocks are easy and bonds are hard because there’s a lot of math in bonds.