The preponderance of the evidence (Sounds like lawyer speak, right?!) is growing for the inevitable downturn of the US economy. I did some serious adjustments in the last several weeks to prepare for the storm.
There is a time when you see the party just rolling along and you know it’s time to go “stage left”. The last 15 years of a generally bull stock market has served me well and it’s time for me to hunker down to avoid hazardous flying objects! Sure, I might leave money on the table, but that allure is what crushes many people who try to get that last little bit out and end up losing a crap load. Not me! I prefer to avoid hangovers.
Be smart, be well-read, be aware and be successful.
Be “fearful when others are greedy, and greedy when others are fearful.”
-Warren Buffett