I know I’ve already said it a lot over the past few months, but for those people in the back who may not be able to hear so well…
THIS YEAR IS NOT ANYTHING LIKE LAST YEAR.
The strategies that worked so well throughout 2023 are not the ones working this year.
Last year’s leaders are some of the worst stocks in 2024.
The leaders in 2024, in many cases, were some of the worst sectors in 2023.
It’s not bad or good. Better or worse. It’s just different.
The better you get at adapting to the current environment, the fewer headaches you’re going to have.
I’m 42 years old. I’ve been doing this for over 2 decades.
I have 3 kids.
Do you think I need more headaches at this point in my life? Or fewer?
And so that’s why we’ve adapted our strategies to the current market, instead of trying to go to the beach in the winter, or wear a raincoat on a beautiful sunny day, like many investors like to do because they haven’t bothered to check the weather.
So speaking of checking the weather… [Read more…]