The $SPX dropped 1.1% today. That's the 20th time this year we've seen a 1%+ daily decline.
People panic over this stuff, but it's just normal market behavior. Since 1928, the average year has 29 days like this.
Downside volatility isn't a bug — it's the feature. It's literally the price you pay for long-term returns. No volatility = no premium.
If you can't stomach a 1% red day without checking your portfolio obsessively, you're either overexposed or not cut out for equities. That's not a judgment, just reality.
Risk and reward are joined at the hip. Always have been. Always will be.
People panic over this stuff, but it's just normal market behavior. Since 1928, the average year has 29 days like this.
Downside volatility isn't a bug — it's the feature. It's literally the price you pay for long-term returns. No volatility = no premium.
If you can't stomach a 1% red day without checking your portfolio obsessively, you're either overexposed or not cut out for equities. That's not a judgment, just reality.
Risk and reward are joined at the hip. Always have been. Always will be.