The Distraction du Jour
by Danno So apparently Ukraine matters.... who knew?!? Strictly as an investor, the really short version of this blog today: -If you are still in your peak earning years and making money like crazy, the highly technical term for this is a "buying opportunity". -If you are retired and not earning anymore, this is called a "rebalancing opportunity". The End. If you wish to continue reading, you may want to leave your sensitivity training at the door... The last time I wrote on here was January 30th. I ended with "What happens next is almost always a surprise. What's important to acknowledge is that you don't know what happens next, and to have an investment approach that will work over the long term regardless of what happens next." This Russia-Ukraine thing is not without precedent, and this is no time to panic. Markets are down because inflation is cooking for the first time in 4 decades, and the expectations have been ramping up that the Fe