How do you cope with bear markets?

[Heaven]

So on paper I lost a lot of capital lately..

I’ve been investing for a decade but still every time it feels painful. I wish for a more stable alternative but on the other hand with inflation and me being young I know risk is crucial to meet my financial goals. I’m quite confident in my assets long term but you never really know what the future holds..

Any healthy coping mechanisms or maybe some mindset that can help me through these times?

How do you cope during hard financial times?

[integral]

Buy Buy Buy Buy Buy

[integral]

1 minute ago, Heaven said:

So on paper I lost a lot of capital lately..

I’ve been investing for a decade but still every time it feels painful. I wish for a more stable alternative but on the other hand with inflation and me being young I know risk is crucial to meet my financial goals. I’m quite confident in my assets long term but you never really know what the future holds..

Any healthy coping mechanisms or maybe some mindset that can help me through these times?

How do you cope during hard financial times?

ya so your investing at the wrong time

Timing is the only thing that matters.

Buy during bear market, sell during raging bull.

Nothing else to do.

Second option is buy S&P 500 an hold. S&P 500 is the wealth transfer of our society, The reason it just goes up forever is because it represents the total inequality gap as it increases. The more inequality grows, the more the S&P 500 grows. It will not stop until there is a extreme poverty crisis.

[LordFall]

I would work to develop healthy cashflow assets with high margins. Relying on the capital markets to increase your wealth is fine but if you want to take a more intentional and direct approach to the process then you can learn about business and operations and buy into businesses that interest you or start your own.

Relying on being a passive investor you could be twiddling your thumbs losing money for the next 3 years if we end up in a long term recession but if you become a skilled operator and entrepreneur then you can be making loads of money in that time. 

Easier said than done but it's possible to do and the effort is rewarded by the market in a whole different way than just hoping that time in the market will outdo a downturn. 

Edited 1 hour ago by LordFall

[integral]

Nvidia just dumped for stupid reasons.

Its really obvious buy opportunity. 

Edited 1 hour ago by integral