Yup. But that is why I put a little bit in annuities way back when.
Also, I’ve been in the markets long enough that a 90% crash would still see me even.
So, I’m sitting tight, not selling, not buying. I might come out smelling like roses or manure, but if it’s manure, the whole world will have collapsed and I’ll starve with everyone else.
What else can you do? Nobody is smart enough to outguess this market. There is too much happening that has no historical precedent. Disaster, sure, maybe. But maybe not.