Gone from the Blue-Collar Guy

[japhi]

Originally Posted by Dead-Ball-Hitter

Is this Matt or Tyler Durden from ZeroHedge? (Sorry, Finance joke). Agree with you that every bubble bursts. A big question we probably all struggle with is, "Do I sell now, reap the rewards, suffer for a couple years, and buy it back cheaper? Or do I continue to do what I enjoy and say the heck with it!?"

I think about this every day....

Can't stand ZeroHedge! For what it's worth, I'm not calling for a global economic meltdown or any sort of doomsday scenario. While the GFC and the dotcom bubble were tough stretches, most came out fine. My strategy is to increase my cash position but keep most of my chips in. You simply can't time markets. Those looking for the bottom never find it because, like FOMO, greed sets in and you end up wanting more.

Some big companies missed earnings this week, lots of value evaporating from equity markets past couple days. Crypto been melting down since Oct. Have to believe that card prices will follow.