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The Mistake You’re Making in Today’s Stock Market—Without Even Knowing It
Are you also rearranging the chairs? Or just standing pat.
FWIW, I rarely make changes figuring that I'm in for the long haul. I already had a good amount of foreign exposure. And for pure, blind luck, I'd raised cash at the end of last year (for tax purposes),and had not felt comfortable redeploying it this year.
I think the biggest mistake I'm making today is being in the market.
Right there with ya @Mark. Does feel a bit like standing on the deck of the Titanic.
That might qualify as wishful thinking here! Leonardo still appeared to have happy thoughts about a possible roll in the hay with Kate while standing on the deck!
The Titanic's intended distance of the longest leg of the voyage, from Queenstown to New York, USA, was 2,825 miles. It made it very far, but sank only about 400 miles before its intended destination.
Conversely, we are only ~100 days into an intended ~1,460 day hallucinogenic trip of sorts, have already taken on a LOT of water, and are clearly starting to list, with many patrons feeling pretty much dead in the water.
Perhaps you meant to say, "...hanging on the deck of the Titanic as it was going vertical"?
“Are you also rearranging the chairs? Or just standing pat.”
“Frozen” might be the proper term.
With another home infrastructure project in the early stages I’ve stashed about 30% of the expected outlays in cash (equivalent to tossing a few deck chairs into a lifeboat). Otherwise, have stayed invested conservatively across different asset classes as usual. Utilities, infrastructure, funds that invest in “real assets” and some non-U.S. equity markets have done reasonably well this year.
“Perhaps you meant to say, "...hanging on the deck of the Titanic as it was going vertical"?
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https://www.msn.com/en-us/money/markets/the-mistake-you-re-making-in-today-s-stock-market-without-even-knowing-it/ar-AA1DCBuE
FWIW, I rarely make changes figuring that I'm in for the long haul. I already had a good amount of foreign exposure. And for pure, blind luck, I'd raised cash at the end of last year (for tax purposes),and had not felt comfortable redeploying it this year.
That might qualify as wishful thinking here! Leonardo still appeared to have happy thoughts about a possible roll in the hay with Kate while standing on the deck!
The Titanic's intended distance of the longest leg of the voyage, from Queenstown to New York, USA, was 2,825 miles. It made it very far, but sank only about 400 miles before its intended destination.
Conversely, we are only ~100 days into an intended ~1,460 day hallucinogenic trip of sorts, have already taken on a LOT of water, and are clearly starting to list, with many patrons feeling pretty much dead in the water.
Perhaps you meant to say, "...hanging on the deck of the Titanic as it was going vertical"?
“Frozen” might be the proper term.
With another home infrastructure project in the early stages I’ve stashed about 30% of the expected outlays in cash (equivalent to tossing a few deck chairs into a lifeboat). Otherwise, have stayed invested conservatively across different asset classes as usual. Utilities, infrastructure, funds that invest in “real assets” and some non-U.S. equity markets have done reasonably well this year.
“Perhaps you meant to say, "...hanging on the deck of the Titanic as it was going vertical"?
That too.