Imagine losing 20.91% of your wealth in 42 days. How you heard the one about how the market ALWAYS bounces back. Ask anyone in Japan if they would prefer to ride it out or if they would have preferred to have sold their holdings on December 31st.
What about you? How would you feel if you had lost 20% of your life’s savings in a little over a month? You already lost over 10% in the US markets.
Have you read Atlas Shrugged lately? Imagine no John Galt coming to our rescue. Which is why our forefathers put their complete faith in God.
David DeGerolamo
