When I’ll be buying aggressively (again)
The markets are closed in observance of Martin Luther King Day, so let’s keep things clean and neat.
Many people are undeniably scared because they fear another downturn. That makes sense, and I understand how they feel that way. It’s tempting to “wait out the volatility” or sit on the sidelines hoping you’ll protect your wealth.
The smarter move is playing to win.
The S&P 500 has already risen 14.6% from October lows, which means anybody waiting for the “all clear” buzzer is already falling behind, especially when it comes to the great companies we talk about frequently.
To quote the venerable Dr. Martin Luther King, Jr., “Faith is taking the first step even when you don’t see the whole staircase.”
I couldn’t agree more strongly in life and in the markets.
Speaking of which, I enjoyed a lengthy conversation with the super-savvy Lauren Simonetti this morning on Varney & Co.—always an honour! Among the topics we covered:
When I’ll be buying “aggressively” again
What I make of Tesla’s latest brewha
Where I see Bitcoin prices and why
My answers might surprise you. (Watch)
Today’s bottom line is very simple.
Every second you waste in life is gone forever.
The markets are the same way.
Best regards for health and wealth,