What do we think the direction of the market will be in today? The VIX appears to be on a downward trend for the 5-day, tariffs are being delayed, and Bitcoin is still under $90,000 a coin.
What does this all mean? I believe it looks like Market Uncertainty. The market is uncertain in what direction it will go, what is the next shoe to drop, and what sector is going to be hit next?
With decisions changing daily and sometimes inter-day, it’s hard to know where your investment is going. So lets remember something extremely important about the market.
Mr. Market in the long run, is happy. Mr. Market, over time, shows average increases of 10% a year. So what does that mean? It means over the long term, markets rise, but in the short term, Mr. Market can be all over the place. This gives us an advantage.
With Mr. Market in turmoil or indecision, we can scoop up shares of companies we love or want at attractive prices. This is the best part of being a value investor. We don’t chase prices, we wait for them to fall. So this all screams out to me, be patient!
Then Warren Buffett’s quote comes to mind. “Be fearful when others are greedy. Be greedy when others are fearful.”
What is your outlook on the market?
Thrifty Investing 
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