It sometimes feels like what we have here is the Energizer Bunny of dips, doesn't it? It just keeps going, and going, and going...down!
I mean, yes. I am being a little bit fecetious. We're still above 11,000 on the Dow. And our lowest lows were in the 6000's, so we're not doing all that bad considering where we've come from.
So, what am I thankful for this fine Thanksgiving Day? I'm thankful for my gumption and my tenacity to stay the course despite it all. It's a horn I've been blowing for quite a while that the sky is not falling. The end of the world as we know it is not upon us. The world economy is not really on the brink of collapse, and certainly neither is the U.S. economy for that matter.
It just feels that way.
So yes. I'm staying the course. I'm not pulling my money out of this ugly thing, as much as I've been inclined to do so several times, having had enough of watching my hard-earned, and dilligently saved dollars slowly disappear. Nowadays it definitely seems to be true that the more I save the less I have.
But again, I'm thankful for my willingness to just keep going with it. I'm going to buy, buy, and buy some more of all of the stocks that I think will be good and strong when all is said and done—and that are quite frankly good and strong now.
I hope in the end the real turkey doesn't wind up being me.