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Outcome Bias -YMMV

Our brains look for patterns especially patterns that appear to result in success. We assume that successful outcomes result from taking cer...

Wednesday, July 12, 2017

Staying Invested

Despite all the negativity, I'm staying invested in the stock market.  Here are my reasons:

  • All my spouse's relatives think the stock market will crash soon.   For example, my brother-in-law has purchased a 2X bear fund.  Their position is based on politics.  They all voted against Trump and are ignoring that the economy is improving.
  • Trump has more teflon than Reagan and Obama.   Despite all the Russia issues for Trump, the stock market keeps going up.
  • It's what George Costanza would do.
Sure the market will eventually fall.  But I think it will happen later (after the end of the year) versus sooner.  We'll see ...

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This is not financial advice. Please consult a professional advisor.

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