After utilizing a portion of my warchest, it's time to wait for the kill for the remaining portion of my warchest. It's not easy to look at your portfolio and see it decimated week after week, but I think I took a depression and several years thereafter to get the lesson that the market is trying to teach me when I paid my tuition fees involuntarily. These are lessons that have to be taken eventually. Life has a habit of throwing you obstacles when you think that everything is going smoothly. Learning to take things in stride, especially when you can do nothing about it, is an essential skill.
Let's focus on the things we can do. I'm more worried about my job if the bear market becomes protracted. If we go by the rule of thumb of the market leading the actual economy by 6 months, then we might ......