What a week it was.
We elected a President, cut interest rates and the Stock Market climbed to record highs.
Those records were not limited to equities as gold and crypto rose too.
It really does look like the last quarter of the year is going to be bullish for your retirement account.
I just wanted to note, however, Warren Buffet is raising cash by selling into this bull market.
That is not to say that the bear is hiding around the corner, but next year could be interesting and not in a pleasant way.
The one thing for the bulls has been the steady stream of positive earnings reports.
The only pushback has come when future forecasts haven’t met expectations.
It is not unreasonable to expect that things could slow down.
If, in fact, we are going to attack the budget deficit, it is almost inevitable.
A healthy correction could set this market up for its next move north.
There is no predicting what might come next.
World affairs are tenuous at best.
We have no idea if there will be another worldwide health crisis, much less some other unknown problem.
I am buying very little and taking some of the profits off the table.
Probably will do the same right after the first of the year.
We honor our veterans this week.
Your publisher and I lost a close friend that was a veteran.
He is buried next to his brother who died in Vietnam.
I did not serve and have regretted such.
I have tried to give back to my community through voluntary and charitable work.
It is putting service above self.
Though I spend time on investments, I try to continue to give back.
Sort of investing in those around me.
I salute our veterans and urge you to help others anyway you can.
