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2008 Financial Resolution #2: Stop Buying Great Deals by Chief Family Officer is an great financial resolution. It reminded me of the ...

Saturday, October 21, 2017

I'm Not This Good

"Don't confuse brains with a bull market." ~ Wall Street adage

 Everyday, it seems, our accounts are going up and frequently hitting new highs.  It would be wonderful if it was do to my exceptional stock picking.   However, I know that it is more likely due to an exceptional bull market.

So while I'm enjoying the market advance, I'm not bragging about it.   I know if will only take a bear market, or even a lengthy correction to make me look a stupid.

But until that bear market or correction comes, I will continue to take advantage of this market rally by staying invested and taking some selective profits.  That way I will feel a little less stupid when the inevitable correction or bear market appears.

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This is not financial or investing. Please consult a professional advisor.

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