Lesson 5: What Drawdowns Actually Feel Like. The experience most investors underestimate.
Sell after the crash, buy back once it's 'clearly' recovering?
Gut check before the numbers.
Assessment
After a 40% crash, a long-term investor sells everything and plans to buy back in once the market 'clearly' shows it's recovering. How does that usually work out?
Out now, back in later 🤔