Ya’ know how the bulls like to characterize their willingness to overcommit their resources as being a form of boldness and courage? I’d agree that applies when times are good and the market is reaching ever upward. However, I think the bold and courageous decision right now is to resolve to hold off buying until the market settles.
When your significant other is on your case to buy now it takes some hair to stand up and say “time is on our side and the longer we can wait the better off we’ll be”. Those who lack that courage will pay for it.
The people who have held off from buying during the last 18 months have, for the most part, been well rewarded for their patience.
