Pandemic

Good Evening, Folks if you ever want to gain anything in this business you must understand one principle and that is that it’s not what you make that’s important it’s what you keep! Corrections and bear markets are normal and in most cases are healthy occurrences. You plan for them and you mange them. Current investors much like investors during the dot com bubble in the 90’s have been spoiled by a market that pretty well has moved straight up for the past ten years. When there were bouts of selling they were usually followed by V shaped recoveries that prior to 2008 were as rare as hound’s teeth. So they became conditioned to automatically buy all dips and they scoffed at those that sold and protected their portfolios during downturns. When the dot com bubble finally burst in 2000 those investors lost everything they made and many cases more and it is much the same now! Learn from this and you can achieve your dreams!! Ignore it and you will be doomed to repeat the past. This is not the first pandemic that this market has faced and it likely won’t be the last. Google H1N1 and you will find out that we had a pretty bad one as recently as 2008. PANIC IS NOT A STRATEGY!!!!!!!! Keep your families and your portfolios safe. The world will eventually recover from COVID-19 and the market will recover in time to come after that. When it does there will be one to the greatest opportunities to make money that you’ve seen in your lifetime. Have a nice evening and may God bless you and keep you. May He also continue to bless your trades.

God bless, Scott Sunglasses

 
 ***Just a reminder that you can review the performance of our allocation at the Web Site TSPTALK.com in the autotracker section under the screen name KyFan1.
 
 
I produce and publish this blog as both a ministry and for the benefit of any Federal Government Employee. This is done to offer you some guidance as to how to approach your retirement more financially successful. When it is time for you to retire, I recommend you utilize the services of a Professional Money Manager, who works with a reputable investment firm. He understands the guidance you have already received and he can manage your savings assets utilizing a more advanced investment program into the future. 
 
If you would like to receive more information about this introduction, please feel free to contact me at  KyFan1@aol.com. 
 


Written By

Scott Grimes

  • 09/08/25

    Good Morning, The train left the station after Fridays jobs report. That may have well been the bottom of the current dip. It is now highly likely that the Fed will reduce rates on Sept 17th. More on that later. Right now lets focus on our trains next stop which will be Wednesdays Producer Price…

  • 09/01/25

    Good Afternoon, Happy Labor Day! I hope this note finds you enjoying some fine cuisine fresh off the grill! Well here we are starting a new month. The dreaded month of September. The weakest month for the stock market since the 20’s and here we are 100% invested in equities. What gives? First of all…

  • 08/24/2024

    Good Afternoon, We talked last week about Jerome Powell’s speech at Jackson Hole Wyoming being a possible inflection point for the market and that’s exactly what it ended up being. The Fed chairman gave a somewhat dovish address in which he noted that  “the baseline outlook and the shifting balance of risks may warrant adjusting…