In order to remain focused on our goal of capitalizing on this bull market to the maximum extent that might be possible, specifically by exploiting the retail and institutional mania that will likely ensue over the next five months, I want to outline how I see the remainder of 2021 and 2022 playing out. In absence of an overall target as well as waypoints to guide our actions, one might be induced to prematurely liquidate the speculative portion of their portfolio and therefore potentially lose out on the most explosive gains which always occur in the last few weeks or days of FOMO-induced mania. Sitting on substantial gains is psychologically more difficult than capitulating at a loss. This I know from experience. Nevertheless, you shouldn't be disappointed if you realize a profit with your investment. However you finish the race then, be content with your decisions if, at the end of the day, you're in the green. Bear in mind, I am outlining this hypothetical scenario for my own sanity as much as yours. As one who (unfortunately) tends to follow the daily ups and downs of this market with all its emotional turns, I, perhaps more than most, need a sound plan devised during boring market doldrums to orient my later decisions.
Your Great-great-grandchildren
Your Great-great-grandchildren
Your Great-great-grandchildren
In order to remain focused on our goal of capitalizing on this bull market to the maximum extent that might be possible, specifically by exploiting the retail and institutional mania that will likely ensue over the next five months, I want to outline how I see the remainder of 2021 and 2022 playing out. In absence of an overall target as well as waypoints to guide our actions, one might be induced to prematurely liquidate the speculative portion of their portfolio and therefore potentially lose out on the most explosive gains which always occur in the last few weeks or days of FOMO-induced mania. Sitting on substantial gains is psychologically more difficult than capitulating at a loss. This I know from experience. Nevertheless, you shouldn't be disappointed if you realize a profit with your investment. However you finish the race then, be content with your decisions if, at the end of the day, you're in the green. Bear in mind, I am outlining this hypothetical scenario for my own sanity as much as yours. As one who (unfortunately) tends to follow the daily ups and downs of this market with all its emotional turns, I, perhaps more than most, need a sound plan devised during boring market doldrums to orient my later decisions.