HAVE YOU EVER WONDER, FROM 1982 UNTIL TODAY, HOW LONG DOES A BEAR MARKET LAST AND HOW MUCH % LOST RECORDED? OR IS IT THAT BULL MARKET THAT LAST LONGER AND EARNED MORE?
I also never know, until Public Mutual Fund Manager told me so. (Never do research on this mar... Paiseh)
Initially, I always thought bear market is more LONGER than bull market, because my parents told me so. And the newspaper always HIGHLIGHTED bear market, making extreme BIG news about it. I also heard from kopitiam and MBKS (Majlis Perbandaran Kuching Selatan) uncles said so.
My relatives and friends always say, "Cannot play lar! 'Dian dian' lose money one!!"
But what FUND MANAGER SAID: According to research finding (proven already), from year 1982 until 2009, AVERAGE BULL MARKET LAST for 24mths, and its AVERAGE RETURN is +141%.................................... whereas, AVERAGE BEAR MARKET LAST for 15mths, and its AVERAGE RETURN is -46%.....
So, what are you worry for investing? FUND MANAGERS do ALL the RESEARCH JOB for YOU.
(p/s: for you to 'swim' smoothly in stock market yourself, please learn the 'SWIMMING' TECHNIQUE before you jump into the pool)
ALL YOU NEED IS ... ... PATIENT... CONFIDENCE at your own decision ... LEARN MORE from successful people ... etcs...
Investment is a journey to build the positive mindset...
Happy New Year!!
15 years ago
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