If you ask any surfer’s opinion about dangerous waves, they’ll all agree on one thing…how to survive violent waves.
They may not have the confidence to surf the “big ones,” but they want to.
And their reasoning is like investors who understand big market waves.
Big waves give you (the surfer and investor) the ride of your life.
At the same time, you risk getting wiped out.
However, not all waves (in the ocean AND the market) are created equal.
Some are gigantic and crash violently with a short life-span while others may be smaller but provide you with a much longer ride.
This has been proven in the markets since the 2008 meltdown.
Because since then we are still in The Most Hated Bull Market in History.
One thing we know for sure is that all waves must end…until the next one comes around.
How to Survive
The challenge is:
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Choosing which ones you want to ride and
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Knowing when to get in and get out
You can learn a lot when you study and compare how surfers are like investors.
Because the best surfers in the world are like great investors in that:
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They study wave patterns and their origins
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They prepare a mental game plan
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They keep their emotions in check
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And they know when to “drop in” and when to “kick out.”
You must also keep in mind that market conditions (like the ocean) are constantly in motion.
If you miss this point, you will get wiped out.
In our upcoming March issue of Simplifying Wall Street in Plain English we feature an article that shows you how to surf/ride the waves in any market…with particular focus on the precious metals wave.
