Wild swings in the market cause the average investor to make ill-timed decisions. Better to stay conservative and diversified, and then sell-offs can be greeted opportunistically rather than fearfully. When it comes to investing, think Pete Rose and Rod Carew, not Babe Ruth. Striking out in investing means you may not get another at-bat.
When Noah started building the arc, it was sunny. Preparing for a flood after 3 weeks of rain is an exercise in futility.
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