Good post Otter. I hope I don't sound overly reactive as I think you perceived yesterday. I think more than half "our money" is invested and doing the boring DGI long-term thing. We don't make the rules and there will be games indeed. I highly doubt it goes any other way. The market will react to these games. SPECs will swing 30%+ in both directions. I don't scare too easily, but I will adjust my risk level a bit when I see fit. I will find opportunity in fear. A greedy market makes me swing 10% more into cash, or a few % of my port into an inflation hedge. The perception of interest rate scares my UTEs into swing trades every year or two. I'll trade that too.
Will I beat the SPY? Who knows but I sure am this year with literally half the risk. That's a win. I will protect it if I see fit.
Will I beat the SPY? Who knows but I sure am this year with literally half the risk. That's a win. I will protect it if I see fit.