Here's this week's top pick for your investing binge!
Will The Stock Market Bull Run Continue Into 2021?
As the holiday season kicks in and with all these positive vaccine news, is the market rally going to continue or is a correction due? In this video, Adam Khoo breaks down the current market conditions and shares what he thinks is likely to happen.
Here's an interesting chart showing the history of Bull and Bear markets since 1926.
Source: First Trust
Do you realise one thing? The market always goes higher in the long term.
Yet, the majority of investors would have lost money (as we've seen this year) trying to time the markets. Meanwhile, investors who had the patience to hold through the ups and downs would have bagged fabulous returns!
So at the end of the day, the lesson here is to not attempt to time or predict the market. Instead, focus on buying great businesses at great prices. That's the only way to make sustainable long-term returns in the stock market.
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