This is the hard part

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The bad news is the market looks just terrible today, the Dow’s off big after several back to back days of triple digit moves. The small caps are doing what small caps have been doing all year – struggling to maintain their longer-term uptrend, and EM stocks are being unceremoniously dumped in a landfill.

The good news is that everyone is now a completely rational, passive, long-term, calm investor who can see through the volatility and focus on the bigger picture.

At least, that’s what I’ve been told.

I guess we’ll see.

The easy part about committing to a long-term, rational strategy is that most of the time things work in your favor.

The hard part is they don’t always.

This is the hard part.

 

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  1. "This is the hard part" - www.hardwarezone.com.sg commented on Sep 25

    […] is the hard part" If you're panicking about the sizable dump in stocks today, don't miss this short but excellent piece from Josh Brown, of the terrific The Reformed Broker blog (if you're not reading it, you should), […]

  3. Chad commented on Dec 18

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    thank you!

  4. Willie commented on Dec 20

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    thank you!

  5. Andrew commented on Dec 23

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    ñïàñèáî çà èíôó!!

  6. Morris commented on Jan 28

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    áëàãîäàðþ!!

  7. Matt commented on Feb 01

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    good!

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