Like every other horrible contrived piece of financial advice you’ve ever read, I’m gonna start this piece off by reminding you that sometimes patience is key when it comes to investing.
Those who read me regularly know that I often rail against the “patience” of passive investing, because I hate the idea that the financial media and the financial world in general have bought into the fallacy that stocks will only go up, forever.
This assumption has been the function of a broken monetary system that has relied heavily on the US dollar remaining the global reserve currency – a concept I believe could be at risk moreso now than it has been in my 40 year lifetime.