As you age you are reminded that good weather is always better than markets.
Never let markets mess with your enjoyment of good weather.
Construct one’s plan accordingly.
Having been a self-taught trader/investor for many years now, in my younger years, I have surely been in situations when the great weather kicked off, but my portfolio and process was not in the shape it should be.
While yes you can wait through the drawdowns and market mania, I have learned time and time again that it is far more enjoyable to take off on a lake swim, a mountain hike or a trail run without having to even think once about what you’re doing in markets.
I created this little visual hit with that in mind: