Even better than not selling stocks during a recession is to actually go on the offense. In bull markets, investors can occasionally find reasonably priced, wonderful businesses. But they can rarely find wonderful businesses trading at a significant discount to their fair value. Stock market crashes are the rare times when high-quality businesses can be found in the clearance aisle. Go shopping!
So are we at the fiat of fate and going to be helplessly at the mercy of these events? We can change our personal fate and the fate of the world by harnessing the power of consciousness that I spoke about at the start of this piece. Thoughts are things and can influence future events. If they are powerful enough and fueled by compassion then they will protect you personally but also influence the course of history.
Most of the professional investors are signaling signs of a market collapse in next two three years before 2020 starts. Market crash in 2000 was sparked by technology sector failure and 2008 crash was sparked by real estate and property. But today almost all sectors have been overvalued. Many sectors listed at S&P 500 are trading at the highest level seen in last ten years.