Originally Posted by
boring
.................................I give up trying to work out the logic of the markets many years ago. Also gave up trying to predict the market, except for knowing that during the history of the US stock market, it has never failed to make a higher high, even after the worst of crashes.
Best approach if you are a buy & hold/monitor investor is to take the psychological approach to investing. Buy good quality companies you are happy to hold, even if the stock price falls 40%. Then you won't be panicked out of the market. Yes, these are all simple cliches, but has worked for me over 2 decades in the market (going back to the day I actually had to physically ring a broker and speak to a human before I could buy stocks).