How to Survive the Noise. 🧘♂️
My portfolio is down. Your portfolio is probably down. The screens are red, and the headlines are screaming "Recession".
This is the moment where 90% of retail investors make the mistake that ruins their returns: They react.
I am doing the opposite. I am zooming out.
When you look at a daily chart, it looks like a crash. When you look at a 5-year chart, this drop is barely a blip. We are paying the "volatility tax" for the gains we made this year (I'm still up +29% YTD).
I am not selling quality assets ($NVDA, $GOOGL, $META) just because the market is having a mood swing.
Rules for Red Days:
Turn off the news.
Check the fundamentals (Has the business changed?).
Do nothing.
Wealth is transferred from the impatient to the patient.
$SPX500 $QQQ $NVDA $GOOGL