This Time Is Different....

It genuinely never gets old - "This time it's different.", "You can't compare the two.", "Our financial system is strong.", etc. etc. etc.

Why do major breakdowns like this happen then and seemingly spread across the breadth of it? Because there are issues and while a different year, mostly different institutions, and different catalysts, ultimately, our system is under stress and just staying long does not protect you.

I'm all for keeping your retirement where it is; however, you should be playing volatility up and down. Oh, and just remember who stands to benefit by gaslighting you about everything being ok just like every other financial crisis that happens.

https://www.reuters.com/article/us-lehman-probes-analysis/lehman-ceo-under-scrutiny-for-investor-statements-idUSTRE4957KB20081006

***Disclaimer: This is for educational purposes containing my personal opinions and approaches, this is not investment advice. All trades are made in my smaller accounts to accommodate reasonable expectations for beginning traders with smaller accounts.***

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