• So what’s right now?
  •  Great question but all I know is what’s wrong!
  • It’s wrong to run and pull your money from the markets because this will surely end up not only costing you money but your ability to tolerate risk will be damaged.  If you truly cannot tolerate risk than you really should not be investing in stocks or even bonds.  Look, even some money market funds have been compromised.  Don’t forget here are many alternatives to stocks and bonds - collectibles, businesses, domain names, real estate……. the list goes on.  The problem is that most of these other choices will not provide the financial returns that consistent equity market investments will, at least over the long term.  The one exception that comes to mind would be investment in one’s own personal growth and education.  This can provide huge dividends and open doors previously closed.

  • Not even the best financial advisor (analyst/planner/investor) really knows how the next few years will pan out so I suggest you pick your own best guess then create the optimal plan to profit from your reality.  This ’self-fufilling’ prophecy has a funny way of becoming your reality.  I am getting at perception - everything in the world filtered by your own thoughts and beliefs.  Know yours and you can achieve success.
  • I am doing what I believe is right (for me) in this current world and not being led around by others.  For better or worse but I heave learned over the years that I can benefit from my own mistakes far more readily than from the mistakes of others.  
  • Remember this is only one day in the process that is your life.  Take control and accountability.

If you enjoyed this post, make sure you subscribe to my RSS feed!