⏳Waiting for a bull market... Part 1.
In anticipation of a bull market, it is necessary to remember history and, in particular, the wise words of King Solomon - “it will not always be this way” and “this too shall pass.” And through the prism of the past and present, continue the path to a bright future. Therefore, in your spare time, I recommend reading the parables of Solomon for those who have not yet done so. Well, now I propose to remember the parting words of our contemporary, an experienced investor and Merrill Lynch analyst with 40 years of experience in stock trading - Bob Farrell. Whose experience helped to derive 10 “golden” rules for any situation and for every long-term investor.
"Golden Rules":
1️⃣ Over time, the market returns to the average. Even after strong gains or crushing declines, prices eventually return to their long-term averages. It may take months, years, or even decades to change the mood of the crowd, but it will happen. The market cannot move in only one direction.
