I get this to an extent. I just question the current market and my account drawdown with a bit of flip flopping emotionally reminds me of 2007/2008 when I lost a depressingly painful amount of money. In a way, I think the current market is ugly for what I do.
In a way yes, but I am not sure I am good telling when a pullback is expected. I can think counter trend at times, but I am prey to the same emotions as the broad market. I did not foresee the current conditions (except maybe a few months ago when we pulled money out for another annuity)
I am a bit of a discretionary fundamentalist with what I can judge to be as a growth stock, not anything systematic. We have all the monies we need til 100 on autopay (sent you a PM) and have way more in the market. I think I will end up taking some time off, perhaps even a couple years.
My grandfather used to say that meeting my grandmother was the BEST thing that ever happened to him. As a kid, I never got the point. In my forties, single, and with gold diggers left and right, I GET HIM! You are a VERY LUCKY MAN...
"He will not even be happy, because, in his case, exemption from need delivers him up to the other extreme of human suffering, boredom, which is such martyrdom to him, that he would have been better off if poverty had given him something to do. And as he is bored he is apt to be extravagant, and so lose the advantage of which he showed himself unworthy. Countless numbers of people find themselves in want, simply because, when they had money, they spent it only to get momentary relief from the feeling of boredom which oppressed them" It's from Schopenhauer. I read it a lot when I was a kid. You should to
We are so lucky that we have cheap psychologists on this forum. Some that read a book and think that can understand someone by reading a few lines of text. What would be of us without them.
For me, I've discovered that one of the most important questions in life is: What is enough? That question applies to all kinds of things and not just money. But knowing you have enough is a profound source of happiness.
I really don't know the answer to the question. I hope in hindsight my uneasiness will prove to be justified. Certainly the stuff I owned was getting a lot more volatile.