Keep Calm, and Don't Mind the Dips

⏳ "Time in the market is better than timing the market."⏳

Someone asked me last Monday if I was going to start selling my investments, because "a recession is coming." 😱 (Aug 9th, the market experienced a 2.6% dip.)

I replied that the market was on sale, and I was going to try to buy more. 🤓 Historically, the market has always gone up in the long run.

Money is hard, because everyone has a unique psychology around investing, saving, and spending. If you are an investor or want to be one, create a plan, and stick to it. ↗

⭕Yes, there will be blips in the market.⭕
↘There might even be sizeable dips. ↘

Make the plan now, and stick to it. My Personal Investment Manifesto (my own letter to myself with my financial rules) reminds me:
🚫 If the market dips, don't panic.
🚫 Don't sell.
🏃‍♀️ This is a marathon, not a sprint.
🔮 I don't have a crystal ball, so I will never know the "bottom".
💸 When the market drops, "stocks are on sale."
💰 Review your financial situation, and if you have extra money beyond your emergency fund, buy more stock/ETFs.
👍 If you don't have extra money to buy, that's ok.
🚫 ❗ DON'T SELL! ❗ 🚫

The screenshot below is from my Fidelity app yesterday and shows my portfolio growth over the last 3 years. I stick to the plan, and I don't panic.
The red dot is the market dip last week.

What about you? How do you stay calm during market dips? 😊