At some point, monetary policy will tighten, and hidden leverage in some newfangled financial instrument in the hands of some reckless operator will become unsustainable and collapse the house of cards once more.
Until then, we climb.
If you held through the lows, that was your stand.
Not every general gets to choose the battlefield for their last stand.
Congratulations on being one of the few who did.
At the bottom: “It’s a scam.”
In the middle: “It’s just hard.”
At the top: “It’s easy money.”
Then it crashes, and we’re back to “It’s a scam.”
Every cycle. Every asset class.
Jeff Bezos said that every day at Amazon is Day One. The same principle applies to investing: no regrets, no revenge trades.
Find the best balance of risk and reward that you can take with your current capital here and now.