My SHOCKS and Shares ISA has now dropped to -8.31% I’ve now lost 2.3k! Believe me when I say this, I am not bothered by this at all,,,,,,,, at ALLLLLLLLLLLLLLLLL.
For at least 3 years all I have ever read is that a bear market or a recession is on its way.
I have mentally told myself so many times how I would behave and what actions I would take when SHIT GOESSSS DOWNNNNNN.
So part 3 is here we made it, more importantly you made it here with me too!
Part 3
Over time it really doesn’t matter
So you’ve heard me bang on about how businesses and C.E.Os’ manipulating situations and their books to meet their own needs and you’ve heard my own explanation about how and why the S&P 500 is so overpriced which is what the world revolves arounds to some degree.
So what am I going to do about it?
What am I going to change?
Absolutely nothing.
Nothing at all….
I have only ever invested money that is left over after I have paid my mortgage and credit card bills.
It feels so nice to think that you can out think the market or that you know why markets are plummeting because of coronavirus but the truth of the matter is that as an individual retail investor what I think or do is almost completely meaningless.
All that really matters is what institutional investors do. What is an institutional investor I hear you ask? Lemme go find you a definition:
“There are some large entities trading securities on a large scale, usually on behalf of individuals: Pension plans, mutual funds, commercial banks and more. Such entities are known as institutional investors, and they account for the majority of trades in the market.”
How do these jokers affect the market?
“Most of the trading that happens on the market is done by institutional investors. By some estimates, institutional investors account for 70% of stock trading volume. The percentage of corporate shares held by institutional investors has increased dramatically in the last 60 years. Today, the volume of trades by retail investors pales in comparison to the trading activity of institutional investors.”
The way to look at it is to imagine yourself as a microplastic particle destined to pollute one of the many beaches on this planet of ours.
COURSE you wanna go pollute jumeirah beach in Dubai, but you might end up in Skegness!!!!!!
The currents of the oceans and seas will decide where you end up.
The currents of emotional and AI sentiment will decide where my portfolio ends up.
So once a month I will always invest and in 10 years time let’s see what beach we end up on. 🙂
Remember one of my posts from before:
“When you realise how insignificant you are, you can ride the wave of everyones elses false significance, to get to where you wanna be”
I’m just about to start another book called “Don’t fall for it, a short history of financial scams” by Ben Carlson.
I let you know wassup with regards to it when I’m a few pages in.
By the way this is the end of my trilogy, if you think it’s better that the Lord of the Rings trilogy or The Dark Knight trilogy let me know, if you don’t think it was as great as the trilogies that I have mentioned then you have to watch one of those trilogies by the next two weeks.
Over and boundaries my peoples!!