December 18, 2024- I have been asked by a few people whether I am nervous about the Stock Market, in December. No, actually; I am more amused by the knee-jerk behaviour, “Close to Christmas? Let’s unload!” No one over the age of 50, who has done anything right financially, is going to enter a swooning contest over the end-of-year follies. We wait until January, and we go on.
I remain more watchful of those who make outlandish promises. The more promises they make and the larger their constituency, the closer an eye I keep on them. Of course, as the smarter ones walk back their more outlandish gift items, my relaxation meter goes up accordingly.
I am grateful for my loved ones who are watchful of me, as well. Penny always kept me on the straight and narrow, as long as she was cognitively able. My little family and siblings weigh in, when they feel the necessity. My best friend now is not shy about speaking out, when she sees a possible mistake coming.
So, while getting ready for delightful holidays, let us all relax-while keeping an eye on things that may really get in the way of the Season-and stay in support of one another.
An astute observation and I agree that the stock market is for the long haul and not for the short term gains and losses…
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Day traders are so often spring-loaded, and for what?
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Exactly!!
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This leads me into tonight’s post.
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