Year of the Bear

This week, the share market officially entered a bear market. I am not surprised. Up to last Monday, I had lost 10% of the value of my portfolio since January, thanks to Putin’s invasion of the Ukraine. Now… I am down another 10%.

I do have to keep a sense of humour about this. After all, losing value in my share portfolio is not as bad as living in the Ukraine right now or having Putin as one’s political leader.

And I think that, after all that has happened in the past few years, selling off my entire portfolio now would not be a wise idea. December was a good time to leave – and if I could predict the future, I would be winning Powerball tomorrow night.

Published by Ernest Zanatta

Narrow minded Italian Catholic Conservative Peasant from Footscray.

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