Michael and I were talking this morning about how great it would be if we finally got this stupid dip everyone’s been carrying on about out of the way. There’s nothing great about going straight up if you know you’re eventually going to pay for it. So let’s pay for it now.
A slow start to the year would be fine for 99.99% of reasonable, rational people, as would a 5% drawdown from the recent high.
Unless you’re using every dollar in your portfolio to live on in the next year and closing out all investments. In which case, stop reading my blog and go helicopter skiing or something, before it’s too late!
For everyone else, enjoy the break. Embrace the ebb and flow.