Editor's Note: In the current bear market, good investing is more about managing emotions than anything else. But there's also a tactical approach most traders don't know about. Our friend Marc Lichtenfeld is letting readers in on a hidden bull market. More specifically, he's following THREE CRUCIAL STOCKS he believes will not only withstand these inflationary markets, but dominate them! Click here to learn more about these anti-inflation stocks. - Ryan Fitzwater, Associate Publisher
Marc Lichtenfeld, Chief Income Strategist, The Oxford Club A trait that most people find impressive is the ability to remain calm under pressure. Think about who we look up to... Politicians who lead during a disaster. Police officers, firefighters and paramedics who can tune out the chaos around them to accomplish what needs to be done. Athletes, like a quarterback who stands in the pocket despite a massive pass rush and delivers a perfect spiral for a touchdown. And let's not forget the parents who, when faced with their child's health emergency, are able to reassure the child and keep him or her calm, despite their own worst fears. It's not just the ability to give a speech, spray water on a fire, throw a football or speak soothingly to a child that makes these people exceptional. It's the fact that they do it when fear and outside forces would make the task impossibly difficult for most people. For some reason, investing is different. I've seen people act like rocks in the face of serious family crises yet panic during a stock market sell-off. The reality is that bear markets - and outright panics like we had in 2008 - happen every so often. They're part of the natural cycle of markets. |
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