And on that note, I’d probably be as good at timing the market as I am at buying gasoline
I am one of those people who always buys gasoline on the wrong day. If I buy it today, it will go down 10 cents a gallon tomorrow. If I wait and buy it tomorrow, instead it will go up 10 cents a gallon before then. Basically, if you want to get the best deal on gasoline, just ask me what I am going to do, and do the exact opposite.
So maybe it is better that I don’t have any money to invest in anything right now. Because if I did, the market would surely drop a bunch more. Maybe because I can’t invest right now, the market will rebound and make everyone else happy.
Have I mentioned that I really think all this recent market volatility has something to do with the fact that for the first time in many years, I was actually moving an investment from one place to another? Just in the nick of time for the market to take a nosedive right as I sold my assets, and recover a little for me to buy the new ones. Then drop again after I’ve already bought in.
I have impeccable timing.
~J
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