Climbing the wall of worry with stocks means too many ‘experts’ are always troubling us with negatives that explain why we often miss opportunities. This has been a theme I’ve explored with you for as long as the Switzer Report has been going, which is about seven and half years!
Before that on Switzer Daily I canvassed the argument that, according to IBISWorld’s founder Phil Ruthven, in the first year after an Aussie stock market crash, the rebound can be between 30 to 80%!
Operating off the history that most stock markets pass their old record highs after a crash, I’ve kept arguing that every significant correction or dip was a buying opportunity. These positions were also supported by economic and company profit analyses that reinforced my historical perspective.