2023. Some will go to cash forever. Some will get burned further. Some may ride it out

COVID bubble made millionaires and crushed others, all based on entry and exit timing. Stocks went up 10x everywhere, freak tsunami of profits, others lost it all buying the peak

……Meme stocks, SPACs, and IPOs are down huge…Some will hold underwater stocks forever, some will move on. Some will be scarred forever.

Breaking rocks in the hot sun

You fought the Fed, and the Fed won.

Personally, I am jacked for these 4% rates. For 2023, I am holding 100% short term CD's for 4%. Half the return of the market with none of the risk. And before you say inflation, I live by Buffets Rule #1.

Best of luck to all in 2023!!