Haha great comparison with the doves in Argentina,very original.Speaking of the 2 bear markets,i definitely have to read more about US market history because i didnt know this fact for example.Thank you for answering!
Thanks dozu888, You are right. OP listen to him. Take my advice man. Start investing in Vanguard SP 500 index monthly when you get paid. You will thank me 20 to 30 years from now. That's pretty much all I can say. Stop worry about Trump and bear market. I'm a black man, and belive me when I say I don't give a 2 shits what Trump talking about, and certainly didn't give 3 shits what Obama was talking about. So what does that tell you. Both means nothing to me and I don't care what they say. Keep your mind on your money man. Start average investing now. Get a job that pay a lot of money, side income trading.
Short answer is the bull market will stop some time in the future, no question if and or but about it. But if you follow @dozu888's strategy, it really doesn't matter: Time in the market is more important than timing the market. We can all practice time in the market but few are good at timing the market. https://www.schwab.com/resource-center/insights/content/does-market-timing-work In the market all the time, start early, keep your day job and live below your means. You invest most of your saving and use only a small % (~10%-20%) of your saving to practice trading instead of buying a fancy car. One day in the not too distant future, you wake up and realize you no longer need your day job. You now have financial freedom and can do whatever you want. You then become a full time trading! Follow @trader99's journey and see this strategy unfolds.
It really is a matter of timeframe you are trading. Selloffs happen fast, problems are people are greedy by nature and lack of knowledge at extremes they have most shares and buying on margin, so they lose more.
@Handle123, most of us don't put all our money in at once and then wait 20 years to cash out. Us retails put money into our investment funds, 401K, IRA regularly every month, every year. If you do a running window analysis for the last 100 years, I bet you will find no case where you would go bankrupt if you invest the way I described, for every 20 years period.