Tag: market cycles
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Why Bull Markets Create Bad Investors
Long bull markets reward risky behavior and punish prudence. The investors who emerge from them are confident, undertested, and often unprepared for what comes next.
Stock market timing is famously a loser’s game. Housing is different, slower, more local, and more legible. Smart timing is harder than buy-and-hold but not mythical.
Long bull markets reward risky behavior and punish prudence. The investors who emerge from them are confident, undertested, and often unprepared for what comes next.