4 Ways to Be a More Confident Investor
The more confident you are as an investor, the less likely you'll be to panic and make rash decisions when the stock market takes a turn for the worse. Here are a few things you can do to boost your confidence as an investor -- and sleep better at night.
Stock market crashes are nothing new. In fact, the S&P 500 index has experienced 26 bear markets since 1928 and, ultimately, it's managed to recover from every single one. Recognizing that market downturns just happen could make the idea of living through one less worrisome.
Remember, too, that not all stock market crashes are prolonged. Just take a look at what happened a year ago, when stocks tanked as the pandemic broke out. Things seemed really dire back then, but stocks recovered their value in full and well before 2020 came to a close.
Source Fool.com