WHAT IF I AM WRONG?
> I hope I am (I really do, with no regrets) [ P.S Have I ever been that wrong, yes usually months ahead too early ]
> Because that means despite all the mayhem and problems, economy and markets remain resilient and can endure
> Our super would be safe, our property prices would hold up
> We won't have mass unemployment, nor higher taxes than necessary and less societal problems
> What would I lose? Nothing, still able to get >3% pa interest on cash and also decent stock opportunities (buying higher to sell higher)
WHAT IF I AM RIGHT?
> I won't face stock losses, or diminution in wealth
> Instead of being stuck with stocks under water (perhaps for a protracted time), I am able to bargain hunt steadily as the carnage unfolds (vulture investing)
> Gold will shoot the lights out, that would help offset some of the negatives
> In a deflation, cash is king, many things would be on sale (liquidation sale)- what loss of purchasing power?
> I won't have to return to work because I lost so much money in the stock market, regretting not settling for a smaller loss ending up with a bigger one
> Feeling vindicated that I did not let Greed get the better of me. Better to worry early than to worry late - most contrarians buy when others are selling, but how many contrarians are there that sell when others are buying?
WE ARE THE CHOICES WE MAKE.
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