It is believed that markets discount the future roughly 12 – 18 months in advance and if history is anything to go by, recessions do not last a lifetime. And recessions of this magnitude perhaps happen no more than once in a lifetime.
We should consider ourselves lucky that we have seen so much unfold in front of our eyes while we were trying to learn similar concepts in the classroom.
Warren Buffet made the majority of his investments in early 70’s during the oil crisis and he invests when everyone else is selling and is fearful. Most of us miss the bus because we follow the herd.
This opportunity to invest in stock markets might never ever come back in our lifetime!!