In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.
The key to making money in stocks is not to get scared out of them.
I’ve found that when the market’s going down and you buy funds wisely, at some point in the future you will be happy. You won’t get there by reading ‘Now is the time to buy.’
You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.