Why Aggressive Investing Could Be Your Best Move
00:00:00.000 | If you're early on in your accumulation phase,
00:00:02.960 | keep up the pace.
00:00:03.880 | There's always a good time to invest in equities.
00:00:06.440 | If equities are at an all-time high,
00:00:08.360 | I would say to myself, "Hey, there's momentum.
00:00:10.720 | I just jump on the bandwagon, invest more in equities."
00:00:14.160 | There's some people who do it the opposite, right?
00:00:15.620 | They say, "Well, if equities are expensive
00:00:17.560 | and they're at all-time highs,
00:00:18.640 | well, I don't want to invest, right?
00:00:19.840 | Equities are going to crash soon."
00:00:21.280 | And then equities do crash.
00:00:22.640 | And then they say, "No, I don't want to invest
00:00:24.300 | because it's way too scary."
00:00:25.600 | So you have to almost rewire your mind.
00:00:28.240 | If equities are at an all-time high, great.
00:00:30.920 | Momentum is working.
00:00:32.740 | I'm going to keep investing
00:00:34.540 | and this thing will keep rolling forever.
00:00:36.680 | And then if equities are down,
00:00:38.900 | okay, forget about momentum.
00:00:40.120 | And now we think valuation.
00:00:41.440 | So now we say equities are cheap.
00:00:43.600 | So now is a great time to invest too.
00:00:45.480 | Don't really sweat the volatility.
00:00:47.400 | Don't really sweat valuation so much.