The art of investing is broken down into the following:
1. Knowing when to enter a high-probability asset based on a proven edge.
2. Knowing when to stand aside on an asset as it displays no edge.
3. Knowing when to let go of an asset, either for a profit or a loss.
The next big stock market correction has been imminent for, well, months now? Every time the Dow or the Nasdaq rises and falls, more articles admonishing about the inevitable massive stock market 1929-type crash populate investors’ screens.
Generation Investor Should Remain Optimistic