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Personally, I don’t think we’re really out of the woods yet.

I know, still it’s hard to predict anything either way. But it always is. I think the trick is to have clear rules for yourself about when and what to buy. It can be frustrating at times when I have cash to invest but no clear candidates. Apart from the ones I already invested in. So I either wait, or add to my most promising positions.

There currently are still a few I add money to. They may get dragged down when there’s another bear market, but I’ve become less fearful of downturns. They happen. But the recovery usually doesn’t really take all that long, it’s just a matter of staying level-headed and patient.

2008-2009 was different. But even there I got back to 2007 levels pretty quickly by staying focused, taking advantage of some amazing deals that were presented. It was a nervous time, but now I feel much calmer at downturns.

Mark
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