While dramatic explosions can be some fun on network television, most investors prefer to avoid the fireworks in their investment portfolios.
That goes for you and me. It also applies to “The Big Bang Theory” executive producer Dave Goetsch. Even as he and his stellar show were amassing fame and fortune (including a 2012 Banff Rockie Award for Best Sitcom), Goetsch describes himself as “close to despair” over his early approach to investing the proceeds. Like so many other investors who’d endured the Great Recession of 2007–2009, he seriously doubted whether he stood a chance against our ever-combustible markets.
Then, he met a financial advisor who introduced him to evidence-based investing. We invite you to read the rest of his transformative experience in Dimensional Fund Advisors’ piece, “Now and Then.” We hope to bring you to the same place Goetsch is today, as he comments: “I was a mess nine years ago. Now, my outlook is totally different. The markets haven’t changed; they still go up and down. The difference is, I don’t anymore.”
To consider your own investment stamina for the next decade and beyond, we’ve compiled a Q&A to contemplate, “What should I do – or NOT do – during the next Bear Market?”