YOU HAVE TO BE IN IT TO WIN IT!

August 30, 2023

In the last days of July the S&P500 was trading nearly one thousand points higher than its closing low of October 12, 2022.

I want to remind you that those of us who experience a market decline as opportunists don’t merely outperform those who experience it as victims.

We prosper quite directly by buying the shares they shouldn’t be selling! Their lost returns become our future gains – and compound gains at that.

Remember: Every day you hang in there, your reinvested dividends are buying more shares at fire-sale prices from somebody who’s panicking out- who’s making the mistake you refuse to make.

“You have to be in to win it”, the market cannot be predicted, or timed.