I know that we are almost there as well.
I have students trading crypto, FOREX, and gobbling investment forums. And
just one or two year ago, they didn’t even know about stocks and markets-
It is also scary how people at my church, who never invested stocks started piling in and ask me for stock tips while I have been telling them to invest in the stock market many years ago.
Message boards and chats are filled with anger and despair every time some stock drops 2-3% Yup, the retail investors are all over the place-
Now that retail is almost all in, don’t be surprised if the market drops because the Fed can’t do real magic. It’s a just a magician who can do tricks until they are exposed or old-
I have started unwinding some my gold positions because of the uncertainty, now I am back 35% cash- I am very comfortable now- I will be patient and wait for a correction and go in.
I have also shifted some gold positions to mortgage REITs AGNC and ARR for dividend income while I wait out.
I have add a bit more to oil as well. I will maintain 30% cash until some correction occurs so I will be trading less.
It’s good to have cash and be patient.
Praying for a soft landing and prosperity. However, given the current circumstances I don’t expect a nice surprise
but cold and brutal wake up punch-
Thank You Jesus for Your wisdom. Let us always be thankful and give You all the glory! Amen-
Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.
1 Thessalonians 5: 16-18