And expected.
Learning some of these stats is like learning how wildfires are a normal part of a forest’s lifecycle. You know fires are bad, but a little bit isn’t terrible and can be beneficial.
I’m nervous, too! 🤮 [TKer by Sam Ro] – “Earlier today, I checked the balances on my rollover IRA and self-employed 401(K) plans.
I wish I hadn’t done that!
Sure, I follow the swings in the stock market literally every day. And I know history (and TKer Stock Market Truth No. 2) tells us big sell-offs are normal.
But what’s also normal is your stomach dropping after you see the dollar-denominated short-term paper losses in your portfolio, which you’ve been funding regularly for two decades.
Fortunately, I spend all day looking at the data. And even if I don’t have the precise stats off the top of my head, I know that:”
Knowing these stats can help you navigate these turbulent times.