Near the bottom of the market in March, HN said to wait. N% of past crashes went lower than this. It's like catching a falling knife. It will get worse.
I bought any way.
I'm up 24%. The average annual increase for the S&P 500 is 6%.
Now HN is saying it's crazy to buy.
I see stores reopening. Local stores in Seattle, but also chains. Apple is planning to reopen its US stores soon. Grocery store shelves are full.
NYC is opening its beaches for Memorial Day.
Yet again, "it will get worse." I see the market going sideways.
I bought any way.
I'm up 24%. The average annual increase for the S&P 500 is 6%.
Now HN is saying it's crazy to buy.
I see stores reopening. Local stores in Seattle, but also chains. Apple is planning to reopen its US stores soon. Grocery store shelves are full.
NYC is opening its beaches for Memorial Day.
Yet again, "it will get worse." I see the market going sideways.
I think I'm going to hold on.