Totally agree. Although I did state that the tariffs would cause chaos, did I sell everything and go 100% cash in anticipation? Of course not. None of us did. We don't gamble with our future. W's countless posts with evidence prove that market timing does not work. As all of us are doing, stick to the plan. And throw things at the screen in frustration
Something to think about. We all enjoy and hold dear our privilege to invest in the market which is made up of many, many great companies. We research them, dive into their earnings, monitor their business deals, examine their management, and on occasion become an investor in them. There are plenty to choose from here just in the US alone. Many of them are fine businesses with great wealth. Some of that wealth eventually ends up in our portfolio as a result. These US companies are right here for us to buy up shares in. Let's not forget their global reach either and how widespread that is. These same companies do an enormous amount of business in other countries. They build, sell, operate, and innovate globally. They get parts, supplies, and buyers from many different places to generate the wealth and the product. It is often mentioned, even here in this forum, how an investor can build their portfolio with these great companies and forego international equities because of their large footprint and economic impact across the globe. It can be easy to forget that a good chunk of that wealth comes from being able to trade and operate globally. Those large cap US companies are the most sought after in the world. They did not get that way by only doing business here or creating barriers to their own growth.
S&P 500 Drawdown Metrics Last Closing Price 5,074.08 All Time High 6,147.43 Lowest Price Since All Time High 5,069.90 Drawdown At Lowest Price Since All Time High -17.53% Gain From Lowest Price 0.08% Gain Required to Reach All Time High From Current Price 21.15% Gain Required to Reach All Time High From Lowest Price 21.25%
