Historically they’re all usually just making a big deal about things that are not a big deal.
It’s their job to make noise. And in some cases, it’s not even their job, humans just like to overreact and make a lot of noise.
As investors, it’s our job to ignore.
We don’t care about their fed policies. We’re not interested in arguing about wars. I don’t care who the president is. And a “bank crisis” is laughable these days, compared to what I had a front row seat to back in 2008.
They make noise. We ignore. It’s that simple.
Late last week when people were panicking, I was right here telling you we wanted to buy stocks.
Why?
Because in bull markets, it pays well to own stocks.
Besides, the Dollar was falling apart. So if stocks were about to collapse and this was 1929 all over again (lol btw), then the Dollar would be ripping.
It was not.
That was the signal. It still is.
If the US Dollar index is below 105, we want to be buying stocks very aggressively. [Read more…]