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Stay the course and don't sell your investments in a panic during a bear market!

That is the advice from experts but does the average person really have the self-discipline to hold on and not sell every equity in a really tough market? I doubt it.

During the 2007-2009 stock market crash, I was addicted to the Internet and CNBC. The stories on the stock market crash were terrible. They had people convinced that the market would crash to near $0 and me and many of my friends tried to be strong but we sold everything in early 2009, a few months before the bottom.

I lost a million dollars, in possible gains, keeping my money in short-term bonds vs stock funds when the stock market started to go back up.

This was real money and I was scared to death.

How much could it go down before you sell nearly everything? A 50% drop is going to happen, but when?



Submitted January 12, 2018 at 10:22AM by KillingTime56 http://ift.tt/2Fu589z

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