Is everybody drunk? Or, are we simply disconnected from what doesn't work with respect to investing?
Let's clarify before this goes viral or the media stalks my front door looking to hang yet another defector from the politically in-correct minority for the inability to discern context.
Ever notice how everyone on the financial news is trying to predict the future? Unless they came out with an app recently (?) that enables humans to accurately predict what is going to happen tomorrow, next year or even 15 minutes from the present moment, I'm going to assume that we all operate under the same premise that no one can predict the future.
That said, if we understand that something is impossible to do...why must we continue to delude ourselves into believing it can be done or even try to do it anyway?
Think about it this way -- if you were to walk outside your house tomorrow morning and it was cold and raining would you make an adjustment if you had heard from the local weatherman that it was supposed to be warm and sunny?
Investing, trading, speculating, relationships and life are no different. One more example to drive the point home -- if you went to pick up your girlfriend for dinner and showed up a half-hour early to surprise her with flowers only to find her in bed with another dude, would consider re-opening your Bumble account? Are we still confused or is it clear now?
Believe it or not, we have a choice in how we approach the markets. If we simply redirect that energy from guessing what may happen to ask, "what is actually happening between the buyers and sellers?" We can begin to constructively approach the "skill" of investing with an entirely different and more productively lense going forward.
Let's go to the charts to make this come to life. Can you follow the chart below from left to right similar to how you would read a book? Can you imagine how different your performance numbers would be if you could read the buyers and sellers in any market?
If you want to see a sequence of charts and commentary done on the S&P 500 then look no further than the article written on the sixth of August, where we called the near bottom of the market in real-time, see here: https://www.principles1.com/post/fire-or-fire-sale-on-stocks
Not convinced? At the end of the day, you might fall under the realm of "you can bring a horse to water but you can't make it drink..."
And if thats the case we wish you the best, but if you are curious, then the next time you get a free moment take a look at this article: https://www.principles1.com/post/breaking-news-it-s-a-skill-game
Let me know what you think and PLEASE don't take my word for it or judge me based upon a single qualification on a CV, or something I accomplished in middle school or even something from last year...we are only as good as our last challenge bested.
The truth is, if a so-called professional can't show you in real-time where a particular stock or market is headed, then they are guessing (and sadly most are because they have mastered a skill set in sales, relation-building, or just a slick haircut, as opposed to reading the markets which can take a lifetime to develop).
If you don't believe investing can be this simple -- then reach out to wes@Principles1.com
Or just keep making the same mistakes so the pros can keep eating your lunch. Either way ----> It's Your Time, Your Money and Ultimately Your Choice.
We wish you the best on your journey to becoming a more opportunistic investor!