In my younger days I was usually one of the last people to leave the party – any party. Because my parents liked to go out on Saturday nights, many of the parties took place at Chez Downtown.
In my early twenties, living in New York City on a six figure income, the parties got wilder and stretched out into whole weekends. A schmuck like me could start off at an Upper East Side Irish pub for happy hour, continue on to dinner, then a few clubs and the next thing I know, I’m in Atlantic City at 3 o’clock in the morning on Sunday. At 23, you could still do that stuff and be at your desk 8 am Monday morning almost fully recovered. Now I’d probably be dead.
When I got married, I started saying NO to my unmarried friends so that I could stay married a while longer. But on the few nights out with the boys when, well, “time got away from me,” I managed to learn a very important lesson: Nothing good ever happens after 2 am.
My wife eventually drilled this into my head, with hundreds of voice mails, texts, and handwritten notes on my pillow. It took me awhile to come around but, eventually, I got it.
The hot girls don’t miraculously show up after 2 am, neither does the Swedish House Mafia with their turntables, and no one ever “hits their stride” at the blackjack table all of a sudden either.
On the flip side, being home and in bed at 2am gives you the whole next day to do non-Vampiric things, like live life and bask in the sunshine. You can get things done at home or get out early for a run. But the longer you stay at the party the night before, the less likely it is that you’ll accomplish any of that.
Which brings me to my point (I promise, there is one)…
Lowering exposure to the market this week feels a bit like having left the party early. I can still hear people laughing inside the apartment, the muffled bass from the stereo is echoing off the hallway walls on my way to the elevator. But the thing is, I have stuff I want to accomplish with my capital…in the morning, later this summer, later this fall.
Will the aging cyclical bull market climb yet another Wall of Worry even as economic data worsens and internals weaken? Will Mila Kunis and Michelle Rodriguez kick the door down at the party and demand a couch they can make out on? I suppose these things are possible. But a lot of things are possible, I can only go by what the data says is more probable. (Barry laid out the case for lightening up at The Big Picture this morning.)
Should the bull market persist and take out new year highs, I’ll be along for the ride even if underinvested. But that would be merely a bittersweet outcome still affording me other options – there are much more painful outcomes available as anyone who’s stuck around at a few parties too long will tell you.
Read Also:
“How was your day, Honey?” (TRB)
There’s Something Happening Here (TBP)
رفع ارور 1009
A single was created only for demonstrating seconds and small although a various one particular making use of moment graduations is manufactured for implying several hours.
Create Mauritius
[…]below youll obtain the link to some web sites that we believe you ought to visit[…]
رفع ارور 1009
Correct now it looks like Movable Kind is the prime running a blog platform out there appropriate now. (from what I have go through) Is that what you are utilizing on your site?
خرید کولر صنعتی
Hiya! Fast query that is totally off subject. Do you know how to make your internet site mobile friendly? My website looks unusual when viewing from my apple apple iphone. I’m making an attempt to uncover a concept or plugin that may possibly be ready…
رفع ارور 1009
Hey there, I consider your site may possibly be having browser compatibility issues. When I search at your website in Safari, it seems to be fine but when opening in Net Explorer, it has some overlapping. I just wished to give you a fast heads up! Othe…
رفع ارور 1009
Hi there there! Do you know if they make any plugins to support with Search Engine Optimization? I’m trying to get my website to rank for some targeted keywords but I’m not looking at quite great final results. If you know of any make sure you share. A…
تبلیغ در گوگل ادوردز
Check out beneath, are some completely unrelated internet-web sites to ours, even so, they are most dependable sources that we use.
vpn ایفون
remember to pay a visit to the sites we stick to, this kind of as this one distinct, as it represents our picks by means of the web
php authentication plugin
[…]that may be the end of this report. Here you will find some web sites that we assume youll value, just click the hyperlinks over[…]
تبلیغ در گوگل ادوردز
Thank you for some other great article. The place else may possibly just any person get that sort of information in such an best means of creating? I’ve a presentation up coming week, and I am on the lookup for these kinds of details.
cctv
we arrived throughout a great world wide web web site which you could enjoy. Just take a look when you want
دوربین
Sohan is also getting accused of leaving the jurisdiction in December final year without having permission.
سیستم حفاظتی
Quite! This has been a really fantastic write-up. Many thanks for delivering this details.
vpn ایفون
What is up it is me, I am also checking out this web site on a regular basis, this web site is actually enjoyable and the viewers are actually sharing very good views.
تبلیغ در گوگل ادوردز
Greetings from Florida! I’m bored to death at operate so I made the decision to check out out your web site on my iphone during lunch split. I appreciate the info you provide right here and can not wait around to consider a look when I get house. I’m s…