Stock Market Crash – Succeed at the Worst Times
Financial Thing’s Laurence Samuels tells the salutary tale of Bob from America, the world’s worst market timer. Drawing on an original Harvard Business Review article published in 2014, Laurence paints a wonderful picture of Bob’s financial journey with some clear takeaways for all of us.
- We have no idea when the stock market crash will happen or how to time the market so we should keep investing monthly during the highs and the lows
- Don’t look at your investment statements, especially during stock market crashes when our sell panic emotion goes into overdrive
- Stay focused on your long-term goals
- Invest in low-cost tracker funds. Fees devour returns
Want to read the full study on Bob? Visit Financial Thing