Are we in a bubble?

[gfp]

1 minute ago, Blake Hampton said:

A fiscal crisis would make 2008 look like a walk in the park.

Cash is not trash.

 

What are you gonna do when your stopped clock is finally right one day?  You won't be able to go shopping with both hands out because you will have no experience actually investing successfully in the stock market and won't know what to buy or how to buy it!

 

The time to build that experience is today so you are ready on judgement day or whatever you are predicting.  

[thowed]

I am trying to tweak my portfolio to be more 'what if I'm wrong'.

 

As I'm naturally cautious, this means I will have to buy more risk - it feels crazy, but...

 

WIIW?

 

And being cautious for the past 17 years has been wrong.

 

Being too opinionated is the biggest issue, unless you're Druckenmiller etc.

[Libs]

55 minutes ago, gfp said:

 

What are you gonna do when your stopped clock is finally right one day?  You won't be able to go shopping with both hands out because you will have no experience actually investing successfully in the stock market and won't know what to buy or how to buy it!

 

The time to build that experience is today so you are ready on judgement day or whatever you are predicting.  

 

This.

 

Build your investing  muscles now.

 

Trading 60 cent dollars for 25 cent dollars is where you crush the indexes. This happens in panics. But you have to put in the work ( and pain) now.