I don't want to say "I told you so" but this post pretty much called the bottom. I have no idea where the market goes from here (just as I didn't on March 22nd) but it is up 41% from March 22nd.White Coat Investor wrote: ↑Sun Mar 22, 2020 9:53 am A lot of newer forum participants have been surprised to see so many supposed Bogleheads panicking, selling low, market timing, picking individual stocks etc. They are surprised because they thought Bogleheads didn't do this stuff. Indeed, their mentor, Jack Bogle, said
He meant it this time too, even if he isn't around to say it. Some of them are wondering if this mass Boglehead panic happened in 2008 too. While I'm nowhere near the oldest or most experienced Boglehead, I just wanted to reassure these newer members that yes, this happened in 2008 as well. There were lots of people who professed to be Bogleheads but didn't stay the course in 2008. Here are some examples. Feel free to add your own to the list.I've said "Stay the course" a thousand times, and I meant it every time.
Stay the course. We don't know how deep this bear will go. We don't know when it will end. But we do know two things:
# 1 It will end.
# 2 Those who continue to follow their reasonable written plan will be glad they did so on the other side of it while those who panicked and sold low will regret their actions.
Good luck investing. Stay healthy.
Edit: Maybe I'll start compiling threads here from this bear market too. Here's one:
Stay the course.