I’m back.
The world is a much different place than October 11, 2008, when I wrote my last post.
Everything we were taught really didn’t work.
Didn’t matter if you bravely "stayed the course." Didn’t matter if you were diversified. Didn’t matter if you got into gold to hedge.
In times like these — when the whole world goes south — it helps to remember a few things:
(1) There really, truly is a natural cycle to things… this downstroke is a doozie… but, "this too shall pass."
(2) Now is the time to do whatever you’re doing to the very best of your ability. Man up. Muscle through this.
(3) Out of crisis comes opportunity.
Oh, and sometimes, it’s ok to duck for cover!
Royal Blog 