Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.
January 14, 2019
The recent pullback in the stock market has caused much angst in the media. The strength of the economy is questioned daily. It’s reminiscent of the investment chatter after the October “crash” of 1987. The “coming recession” that never happened. In my opinion, both periods were impacted more by the structure of the market rather than the...