In response to this my investing strategy is unchanged despite having lost, on paper at least, over £53,000 from my peak 2015 wealth valuation even after new contributions. That is multiple years of post FIRE spending and so not an insignificant amount of money. I continue to passively rebalance but importantly everything is done in slow motion and contains no ‘backing the truck up’ or ‘going all in’. I think of it as investing at the pace of a sloth.
I do this because even though there is lots of investing noise around I am very conscious that price down trends can occur for long periods of time. Let me demonstrate with a chart looking at US stock market price downtrends.
Click to enlarge, US Market Percentage Falls from Real New Highs