It was financial ‘’experts’’ who failed to predict the dot.com crash in 2000, or the collapse of the housing bubble in 2008, or the recent steep decline in oil prices.
So the wisest thing to do is to stop listening to financial ‘’experts’’.
J. P. Morgan, when asked what the stock market will do, replied, ‘’It will fluctuate.’’ And he’s never been wrong.
Which means that if you buy stocks in companies that pay high dividends and also earn enough to cover those dividends, you’ll be able to watch the markets fluctuate and still come out ahead.
And if you want more excitement while investing, you can buy low-priced stocks, at least a few of which will inevitably fluctuate higher, often more than making up for those that don’t.
Enjoy.
Funny thing is that while you and I know better, there are a lot of others who actually go w/ the "experts"; and it kind of sets up a self-fulfilling prophesy until reality finally comes back even harder.
That's the trading pattern I like to watch for.