Some fundamental truths about investing
It’s guaranteed that something bad is going to happen in the markets. Can some of these bad events become worse? Yes.
But have all of the bad events become worse? No.
Whenever things seem bad, it’s wise to remember some fundamental truths about investing.
Risk is what you don’t see.
“The greatest risks are the risks that we don’t see and the most difficult problem is in preparing in advance for that kind of thing.” — Peter Bernstein.
“The biggest risk is always what no one sees coming. If you don’t see something coming you’re not prepared for it. And when you’re not prepared for it its damage is amplified when it hits you.” — Morgan Housel.
If you invest in anything apart from fixed deposits, you need to bear the risk. So, what do you do?
You should read this post.