In this post, I am not going to be talking about recent economic news, the current state of politics in the U.S., geo-political tensions or the global economy. I am going to discuss stock ownership, specifically stock ownership for the long term.
During times like January (and some days in February), people ask me what my job is like when the markets are acting like the Incredible Hulk rollercoaster at Universal Studios in Orlando. (I refused to ride it, but my daughter loved it.) I jokingly say that my avocation is 90% calm and 10% terror, and now we are experiencing the 10% part. In the stock markets, you really cannot have one without the other.