fear, fear or irrational decision? Who´s crazy?

Has this week the world changed? I´ve asked today in the morning my kids. Why? was their question,

and I`m sorry, i could not answer.

The sun was shining, the world goes around and I ´m  sure, that the US  economic get a quick recovery.

Ask yourself this: If you woke up next week and stocks were set to open down another 10 percent on the Dow, would you buy or sell?

Whatever your answer is, you’d be well served to consider doing it a little bit at a time now.

Trying to „call the bottom“ is only luck.

Patient, calm and  no panic. In a market this volatile, prudence is the only rational strategy available.

History of Bear Markets Over the Past 50 Years DJIA — – decline over 20 %

Time Period Duration (Months) Percentage Decline
Aug. 1956 – Oct. 1957 14.7 -21.6%
Dec. 1961 – Jun. 1962 6.4 -28.0%
Feb. 1966 – Oct. 1966 7.9 -22.2%
Nov. 1968 – May 1970 17.9 -36-1%
Jan. 1973 – Oct. 1974 20.7 -48.2%
Sep. 1976 – Mar. 1978 17.5 -19.4%
Jan. 1981 – Aug. 1982 19.2 -25.8%
Aug. 1987 – Dec. 1987 3.3 -33.5%
Jul. 1990 – Oct. 1990 2.9 -19.9%
Mar. 2000 – Oct. 2002 30.5 -49.1%
Oct. 2007 – Mar. 2009 17.0 -54.0%

 

have a nice weekend…

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