Greetings Investors of the Woeful Countenance.
As I get older and less grammar acute and or as spectacularly language nimble, I sometimes confuse Effect with Affect. Seems simple enough and easy to parse; however, in this particular case both would, and are, interchangeable…sorta.
Why you might ask? Well because if you don’t follow Hunker Down and RTHG strategy it will affect your investing portfolio to some individual degree. Simple huh?
As all Investors of the Woeful Countenance keenly recognize - when the market retreats to a significant degree beyond the normal every day sort of gyrations - it’s bad. So…
I choose to protect and position my portfolio by preparing for the eventual sunny market days that always follow the worst of times. How does one do this? Why that’s simple: as the market passes through what some might consider painful levels of retreat - I use Retreat to High Ground strategy by selling lessor members of the portfolio team and rolling the funds into the top 5, highly thought of and high potential side of the portfolio.
Special Note: This strategy works only if you have chosen the correct/best and higher upside potential companies as your core investments.
RTHG strategy does not prevent any portfolio from descending to panic levels - it just puts your portfolio on the best footing for any recovery.
That’s great…right - but then what. That also is simple: once maximum pain is being felt in the markets you have two choices: Fight or flee. And this is, of course…where the old Buffet advice comes in: It is absolutely mission critical to control your emotions and understand that sell offs in the market are a permanent feature of how things work. That being the case - and you having now placed your hard earned investing funds in only your highest conviction companies - you go to Hunker Down Dogs strategy; which, should be self explicatory.
Coming up: Big Eye In the Sky Security. (Note: that a lawyer I play cards with says I can’t include “Security” in name for this revolutionary way to protect your home and family.
This is gonna be big!
Big Dumb Hick Investing
