Kyith’s thoughts 2 months ago:
Everything is going well in the markets. I have so much cash to deploy and the market is so expensive I cannot find good stocks to buy. My money is sitting in cash and are being wasted by inflation while others are earning 6-8% on REITs.
Kyith’s thoughts today:
Oh s**t! This could be the severe drawdown we have been waiting and waiting for 5 years! There are just so much more problems coming that this will be insurmountable! What should I be unloading this time? I should sell my winners since I will look like an idiot if I lose all the gains. I should be selling more since I will look like an idiot if everyone starts picking up at such a low price while I hold on to stocks at this much higher purchase price!
Photo by Gary Varvel, Indianapolis Star