Passive Thematic ETF Investing Strategy

Ah yes now I understand. Wise words and totally agree.

I will stop looking.
Ok. I will try and stop looking.

 

How are you feeling now....? ;-)

Now I regret not buying more. Haha. I transferred more money into my brokerage account on Tuesday waiting for another drop. It never happened.

What have I learnt from this....? I just need to set up a monthly direct debit and not look at it. Predicting whether or not Evergrande is going to tank the share market is not easy...

 

And there is plenty of research that will back up this approach, like this blog post from a few days ago

Why Buying the Dip is a Terrible Investment Strategy – Of Dollars And Data

 

And you need nerves of steel when market has crashed and the sky is (apparently) falling down.

 

More importantly you need a written out investment plan, and the discipline (nerve...) to follow the plan. Having that will put you ahead of most.

 

Haha. Yes it feels much better seeing portfolio value going back up rather than down. Though for a buy ,hold and never sell investor who is focused on income generation, prices going up just makes buying that income more expensive.

This is exactly what makes investing so challenging for most people. Even though we know prices going up means we will be paying more to accumulate, our emotions get the better of us every time we see prices move down for the short term.

Good thing is that even though I had such feelings, I did not act off them. I stuck to the plan and bought as much as possible as soon as spare cash was available. No regrets when I bought and price dipped and no regret now that the price moved up and me saying I should have bought more.