Totally agree buying and holding over time is a great strategy. Cycles will always come and go, but this one is particularly interesting. Schiller, in his latest prognostications, seems to think there will be some pain involved if/when there is a correction.

That said, guess we’re losing another San Diegan to less taxing climes. Heard Mickelson is moving to Jupiter when his youngest graduates from high school. Our golfing families have crossed paths for many years, and it’s been great to watch his career–especially that win last Sunday.