After loosing good money in stock market in 2005, I switched to mutual funds and started investing from 2005 onwards in Mutual Funds through SIP mode.
But after completing 3 years of SIP investing in Mutual Funds also, there were negative returns, in my portfolio, due to markets crashing in 2008.
I witnessed huge negative returns in the crash of 2008 and also in 2012 and 2015 respectively.
But some how I had good faith in Mutual Funds and I continued investing with full faith and remained invested in all market ups and downs.
In those days real estate was an asset class which probably no one could avoid investing in. But because, I wasn't having enough money, courage and time to invest in real estate, I had to remain with mutual funds for all my investing needs.
I made many mistakes, as there was no one who could have guided me.
Google, YouTube and internet were also in their nascent state then.
Today, I can call myself as financially independent, which I could do by controlling my emotions and NOT stopping investing in bad times, which has eventually enabled me to attain Financial Independence by this age.
So whatever, I know its because of my first hand experience (but for you, I am there to help and educate you)
I have neither been watching the news channels that forecast markets nor have been listening what people say will happen in stock market in near future.
I have learnt that once someone decides that he will be a long term passive investor, becoming short term or changing his mindset frequently will give him costly experience and learning ...and nothing more.
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