The international bankers regularly pull the plug to drop the market so they can stampede the proles that buy high into selling low. It’s the only way to maximize their profits.
If you don’t buy on margin and don’t need the liquidity, you just wait them out and ride the next wave back up.
If someone does anticipate needing the liquidity within 24 months, it is always a good idea to migrate some of your gains into less volatile storage even in a strong up market.
And while diversity might be bad in the workplace, it is a good thing in the market.
Pretty much right. Two years. Stay calm. Be prepared. Tighten the purse strings and expenses when necessary.
It is a cycle. If you cant live with that, stay out.