A few streets in Boston have cobblestone or brick pavement. Treking along these walkways involves paying attention to your feet. You also have to stay alert to your destination.
The stock and bond markets are similar. Every now and then you can trip, but if you keep your eyes on the destination, you’ll get there most of the time.
Remember the TV ad, “I’ve fallen and I can’t get up”? Stock and bond investing is not like this. You may fall (your portfolio value), but you will get back up. The only way you might not get up is if the walkway turns to rubble. That predicament does not seem likely.
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thanks !! very helpful post!