Food for Thought: Holidays give us time for reflection. If you're reading this you're at the very apex of the global economic pyramid. The stratosphere. It's a long way down from here. So consider: You're where you are because of some independent thinking. The willingness to go against conventional wisdom. Do so now. Investors are being advised to sit tight and ride-out this market downdraft. But it's your money and they're your accounts. Just like your health, you not your advisor, have the ultimate responsibility for how your investments are performing. Now is the time for the independent thinking that has gotten you where you are. For the past year, I have emphasized the need to have a plan, an exit strategy and a dollar value of the losses you are willing to take. If your advisor isn't pushing you to evaluate an exit strategy, you need to contact me. Being prepared is the foundation of optimism. Have a great Holiday; well see you on January 9, 2019. Let's make some money together in 2019. |