the most important thing during an accumulation is to not get overextended in case of a prolonged downturn, like we've had over the last year.
i've consistently said i have no debt, have real estate, and have a self owned highly profitable business that allows me the diversification and peace of mind to not get shaken out. this bull mkt is vicious and has already shaken off most of its original bulls including guys like tvbcof (to whatever degree he will admit).
i've consistently said i have no debt, have real estate, and have a self owned highly profitable business that allows me the diversification and peace of mind to not get shaken out. this bull mkt is vicious and has already shaken off most of its original bulls including guys like tvbcof (to whatever degree he will admit).
Oh brother. You're not the only one with a solid business, and you're not the only one who made a killing. I didn't start as early as you. Most of the people here didn't. We had to make our nuts on a compressed time frame. Starting back in 2011, a chimp could have become a millionaire, let alone a human. None of this changes the fact that you've been wrong the past year, big time, just like those who bought into PMs at their pinnacle. Keep that ego in check, cypher
