during 2000 stock bear market, I took a loss sold all stocks...
during 2000 stock bear market, I took a loss sold all stocks ( including BAC, MSFT, AAPL) and switched to JPM ( because I was working for JPM and personally saw how the bank reacted to the crashed market) and T ( for the higher than average dividend income). It proved that JPM is a winner and T was a loser ( from 90+ dropped to today’s 20ish).
during 2008 crash, I only kept JPM and kept all in cash for few years. I am a amateur investor (missed SPY bull) but at least I kept my capital safe and had some dividend income.
during 2008 crash, I only kept JPM and kept all in cash for few years. I am a amateur investor (missed SPY bull) but at least I kept my capital safe and had some dividend income.
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