Gut Check

From ritholtz.com

Forget the hodlers and the BTFD crowd and the so-called crypto experts: Days like today exist as wonderful reminders as to why we hold basic investing principles. It is a good time to ask yourself seven basic questions as to what you are and are not doing, and why. 1. How much market history do you know? Markets go down 5, 10, even 20% as a regular occurrence. So too do individual stocks (and crypto coins) slide 40, 50 even 60%. These occasional spasmodic events occur with a frequency that seems to alarm some. This is a feature, not a bug. Regular drawdowns occur because if they didn’t, it would make investing too ... (full story)