MEDITATION





September 29, 2022



Yesterday the market was up significantly. Now, the DOW is down over 650 points erasing all of the gains from yesterday and a bit more. I feel the prediction Michael Burry has been tweeting is upon us and there may be a lot more downside. On the other hand, there are currently a lot of stocks on sale. Deciding when to start buying in feels really uncomfortable.





The Feds are hawkish right now and many blame them for the down market. Many investors feel interest rate hikes haven’t had much time to take effect and, with the Feds increasing more than expected, is going to certainly push the economy into recession.


Even with market seasonality, I’m a bit nervous about buying during the fourth quarter. I need to revisit my investment rules as this helps calm down some anxiety and helps me focus. I need to focus on company fundamentals. I need to focus more long term. I need to meditate.