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Weekly Reminder: Not Time To Buy The Dip
So many people say timing the market is a fools game but it sure has served me well over my time.
I’m been very bearish all year and continue to be very bearish on the market as we should head leader to break the June lows over the next month or so.
CPI is still hot meaning Fed will remain very aggressive AND QT doubled 2 weeks ago - why would now be the time to buy the dip?
Buying the dip will work if you plan to hold for the next 10 years but why not wait another few months for cheaper prices?

Still 100% cash in my long term portfolio and have been since March.
This market requires patience. I hope I have helped some people this year by not rushing into new positions and allowing cheaper prices to play out.

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