This is why I pay someone who manages billions to take on my portfolio. If you’re smarter than my RIA can I hire you? Let me see your track record first.
I am not. This is almost entirely an emotional decision. The "smart" thing to do from a purely algorithmic statistical point of view would be hold and wait. But I'll happily take my 5% for now, rather than waking up to crippling anxiety every morning about what the orange man is going to do next.
>> waking up to crippling anxiety every morning about what the orange man is going to do next.
Fair enough. I’m not a therapist but I have a multi decade investment horizon. And if my conservative portfolio tanks there will be much larger problems.
