WSM - Dividend Duchess: March 2020 Stock Picks And Recession Tutorial
Don't Panic At The Disco
This month's lesson with Lucy is an interesting one. It's the first time in her five-month investing career that the markets are down, as well as her account value. This is a great opportunity to introduce the concepts of unrealized paper losses/gains. I also brought up the reality of a potential bear market and/or recession in our financial discussion. The goal is to get her comfortable with the extremes she will inevitably encounter through her long investing life. This month's tutorial emphasizes staying the course and remaining focused and diligent