For almost four decades, as an investor, sometimes I am seriously worried about full -fledged accidents on the stock market.

Anxiety related to assets

My first anxiety of assets appeared in 1999/2000, during “Dotcom bubbles”. At the end of the 1990s, the prices of unprofitable internet companies increased. After March 2000, these supplies crashed brutally. USA demanding technology NASDAQ composite Then the index lost 78% of its value before twisting the corner at the end of 2022.

My subsequent fears of accidents appeared in mid -2007, after reserves reached record high during the American housing bubble. Then there was a global financial crisis from 2007/09 – among the worst market in the world in history.

My next brush with market madness took place at the end of 2019, when I warned about the upcoming correction. This was caused by the crisis because of S&P 500 AND FTSE 100 Draining 35% by March 20, 2020.

My latest FOMC (fear of market accidents, not the federal Open Market committee!) The climax at the end of 2021. Because assets prices exceeded higher and higher, I warned many times that the markets are in “all bubbles”. During this period Financial Times’ (FT) Alphaville The team ran a delightfully mean blog entitled This is nuts. When is the disaster? – from which I stole the title of this article.

Variability creates an opportunity

At the moment, things look cozy for the American stock market, which perhaps two -thirds of the global capitalization of the stock market. Variable means are low, stock market markets are at a record level, and the bond market is convicted, and the decline of the US dollar has been slowed down after the worst start in the first half from 1973.

Despite this, I share my last view on Katie Martin from FT, who claims that investors are like frogs cooking in a pot. Like this (grossly untrue) analogy, the frogs do not jump out of boiling water if they slowly heat up. In other words, frogs – and investors – will not see the dangers until the disaster goes down.

On the other hand, I don’t really care if I rather when another market catastrophe in stock arrives. Looking at my family’s long -term phrases, many of our biggest profits come from the purchase when prices fall. We discovered to make falls, not panic, and then buying at reduced prices. Simple.

Stock for all seasons?

One shares that I intend to buy more during the next breakdown or market correction Alphabet (Nasdaq: Goog). Although I see that most of the so -called seven wonderful actions as overstated, the actions of the owner of Google Search look inexpensive to me. Also buying at Alphabet also leads me in companies such as Google Cloud, the Android and Waymo Relom operating system.

As I write, Alphabet shares trade at USD 204.55, valuing this mega-firm technology at almost 2.5-TRN. Shares trade many 22.1 -earnings, much below Premium valuations, which enjoy other MAG 7 shares. They even offer dividend performance of 0.4% per year, which we reinvest in subsequent shares.

At the 52-weekly lowest level, Alphabet shares reached USD 142.66 on April 7, and then reflected strongly. However, the group is in the face of a number of anti -educational processes aimed at limiting their supremacy in searching and online advertising. Big fines are part of digital domination, but forced breaking can separate its business franchise, synergies and network effects. Therefore, let’s see what happens when 2025 is approaching to the end.