Ramit Sethi examines what happens when a disciplined investor who's saved for decades watches the market keep dropping. Even long-term investors feel fear when they have a mortgage, kids, and bills to pay. What should you actually do when confidence starts to crack?
But imagine you had spent 40 years sensibly investing every single day, every single month. You knew to your core, I am a long-term investor. And you see an article that says, oh, the market's going down. You go, I don't care about that. Then you see it go down again and then again. And then you start to say, wait, I have a husband or a wife. We have a mortgage, we have kids, we have expenses. I'm starting to get scared. Maybe you stop eating out. Maybe you start to consolidate a little bit, but it happens over and over and over again. The market keeps going down. What are you going to do?
