In life, as with investing, cause and effect aren’t instantaneous, but inevitable. The currency crisis doesn’t have to happen today, but it is, nonetheless, imminent.
The beginning of the year is always a good time to take personal inventory. I’m not just talking about going over one’s portfolio, net worth, and asset allocation model.
Fear, to me, is the ultimate motivator to take massive action. It leads to the nurturing of the most important character trait a man can possess and use: unwavering faith that THINGS GO RIGHT in the end.
To the surprise of many, the U.S. dollar has been the best-performing asset of 2018 – something that hasn’t happened in many years. It’s a remarkable and unexpected phenomenon… or at least, it was unexpected to investors who took the wrong side of the trade. But how can we explain the dollar’s strength, and why is it happening now? And, should you be moving all into cash now?
Most people never dig deep into their internal worlds.