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I feel your pain, but this too shall pass. The main thing is to stick to the plan - fine tune and make adjustments of course, but stick to the plan. The main thing I keep asking myself is "what do I want my portfolio to look like going IN to the next bull market?"
This reminds me of my favorite quote by the former CEO of Intel, Andy Grove. “Bad companies are destroyed by crisis, Good companies survive them, Great companies are improved by them.”
This reminds me of my favorite quote by the former CEO of Intel, Andy Grove. “Bad companies are destroyed by crisis, Good companies survive them, Great companies are improved by them.”
That's outstanding, thank you for posting that. Wish I could rep you again!
The Bear took a few days off. Wait till next week.
I hope you're right. We're going to have a significant amount of new money to invest that will be wired to our brokerage account on Tuesday, so it would be nice (for us) if the market retreated Monday & Tuesday.
Either that, or I could just go to Vegas and put it all on red and see if I can double up.
It feels like two steps forward and three steps back with the market. The CPI data coming out in mid-July could be a catalyst. But the second-quarter earnings and guidance will most likely act like a larger one. Time will tell!
It feels like two steps forward and three steps back with the market. The CPI data coming out in mid-July could be a catalyst. But the second-quarter earnings and guidance will most likely act like a larger one. Time will tell!
100% spot on! And based on the votes, most of us are in sync thinking this recovery will take some time to work itself out. Long stairway ahead!
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