Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Have you ever wondered how you have become relatively financially secured given the number of investments decisions/mistakes you have made and for some of us are still making, both out of ignorance and sometimes idiocracy? My main one has been exchanging funds before thinking through the ramifications of the decision.
Where we land when our time runs out puts unique risk on our net worth as individual investors. I try to do a mental exercise where I knock 30-50% off of my Equity/Bond investments value to get a sense of what that would mean to my comfort level with the downside volatility of these assets.
Jerry Jeff - Wheel
"The wheel, though, keeps spinning 'round."
And in a few years it won’t be kiddie cars. You’ll hop (crawl?) into a real car with or w/o a steering wheel and off you’ll go!
Re the question. Never look back! … But of course we all do dumb things or “step right when we should’ve stepped left.”
To rephrase an old country song: “I was commodities when commodities wasn’t cool”. Lost my shirt in Oppenheimer’s now defunct commodities fund (QRAAX) back during the worst commodities bear market in history. They shut it down just as commodities showed signs of coming to life.