What To Do Now...
It's a very difficult time right now for a lot of investors. The good news is that it will pass. The key challenge is to ensure that we are prepared for what comes next.
Dear Fellow Investor:
My daughter starts her first lacrosse team practice tomorrow, but I must attend a St. Patrick’s Day dinner. I’ll miss it…
That means we’ll head across the street to play catch for a little while.
Right now, investors are experiencing a tumultuous time. I understand if you’re caught in the middle of this and feeling stressed. I’ve been through this so many times…
I’m 43 years old, and I remember getting clobbered in 2008 - when I was younger and just starting. This was before the Fed started stepping in and saving markets.
I sold heavily after Lehman Brothers collapsed.
And I regret it because it took me a long time to return to the equity markets.
I owned many great companies back then, and some are up 1,000% since then.
But I gave up on them like a fool.
Simply put, I didn’t trust what had happened.
And I feared the worst...
That was the second crisis of my investing career.
I’d also taken hard lumps during the Dot-Com Bubble, as I, like most people, speculated on s…
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