The market is down a significant percent in just a month.
And truth be told, I don't feel very much panic.
I do have some fears and doubts, but generally, I'm pretty chill.
Maybe cos I have zero losses at this point in time.
My main concern is just when to pull the trigger.
I already said, I've been waiting for this event for 6 years.
So yes... I have "lost" 6 years of potential returns.
And the question is, would I rather have lost potential returns for the past 6 years.
OR would I rather be invested and be sitting on losses now?
I wrote about Defending My Position here.
I'm not sure if I wrote about this before... but...
In 1998, I watched the Asian Financial Crisis. I was 16. I saw markets get smashed. And I thought, "If only I had an investment account and money, I'd put all my money in, cos it's so easy to make...