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No prob on the patience...~68% cash/cash equiv., 32% equities; it's just that those equities have
gotten stopped out, (and gone to cash), and the remaining equities I really like have eroded.
Having lived through several down times, I'm not jumping out the window, but those previous times
were certainly "different" in at least 2 aspects, imo:
-No previous down time was as far reaching, intertwined and deep as this one.
-During those previous soft periods, Veronica and I were making pretty substantial dough, living small,
driving co. cars, exp acct., etc., and packing it away.
Poking & dipping into the Retired Bum/"fixed income" piggy bank during these times is not fun to do or
watch happen.
Meanwhile, there is a near daily report of another convoluted "investment" mess and another crook or two
that gets pinched. And, Joe Shopper is sitting on his thin wallet as well he should. It will be a long arduous
climb out of this hole, I suspect.
GL,mD
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