Investment master Peter Lynch said:"In the past 70 years of history, there have been 40 stock market crashes. Even if I predicted 39 of them in advance and sold all stocks before the crash, I would still regret it greatly. Because, even in the worst stock market crash, stock prices will eventually rise back, and rise even higher than before."
Excellent companies will continue to achieve historical highs, can withstand bull and bear markets. For excellent companies, bear markets are only temporary, bull markets are eternal.
Tesla started at $1.13 per share on June 29, 2010, incurring losses and being unprofitable... lingering at a low stock price for a long time, over 90% of the original participants sold their cheap Tesla stocks in deep disappointment. It wasn't until August 26, 2018, about 8 years later, that Tesla skyrocketed to a peak of $371.
Is it difficult to hold stocks for 6-8 years? (Do what you like or what you should do, right?)
This is almost a 33,000% increase...
Turning every $5,000 into $1.6 million. Faced with such a result, it is enough to make the average annual return on investment of 71.8% of the world profit champion of the Medallion Fund led by world-class mathematician, investor, and philanthropist James Harris Simons pale in comparison.
Truly top-level profitable trading instructions are not only based on relatively low prices, but also on quantity. The most important and core factor is having unwavering belief to conquer and transcend the test of time and sufferings, especially during significant downward fluctuations.
PuffyFish : so its uptrend?