Since u predicted bear market/recession is coming.why u didn't sell all your shares but holding 60%.
Read? After A Few Market Cycles ... Did More Veterans Learnt Something???
Can Uncle8888 predict?
Of course, NO!
But, can he prepare?
Of course, YES!
How does he prepare?
Of course, he eats his own cooking!
His Wealth Formula:
Wealth = Asset Value + Cash Flow
When he is wrong he will collect his cash flow from his stock portfolio and his asset value will recover
When he is right he will deploy his war chest and collect more cash flow from his stock portfolio and his asset value will one day recover even stronger.
Who can predict the market?
This veteran ----> One veteran sent me this note last night ...
Another two veterans
Createwealth8888 till today can still remember clearly when two very experienced cyber investing kakis in the stock market who believed in their favourite and trusted Guru's view in Mar 2009 were congratulating themselves for staying very cash rich in Mar 2009. One was 90% cash and the other 100% cash!!!