Another week starting and another day started by sell-offs. With the current administration in the White House changing the winds in the sails of financial markets daily and occasionally multiple times during the day, the market is reacting how it typically does with uncertainty.
With uncertainty comes sell-offs, and with sell-offs comes turmoil, and turmoil could lead to a recession. The Jobs report was lackluster and the prices of groceries have not gone down. 401K’s are down because of the market. The S&P and QQQ are down because of this uncertainty, and the one financial tool that we thought would be up and safe, is down in lows we haven’t seen since November 2024.
Yes, that precious bitcoin has been in the lows as the lack of transparency and lack of follow up with new crypto regulation has left in hanging in the unknow.
I know most of this is daunting, especially when we all have worked so hard to build our portfolios into what they are today. The good news, administrations are only 4 to 8 years long, and we plan on being in the market for a very long time. We will see many administrations and many changes/swings to the market, but one thing will stay constant. We will keep buying!
That’s the thrifty investor. Times are tough, we’re already used to picking up shares at bargain prices and finding new stocks to get into while the market is down and cheap. This is what it means to be thrifty. we survive the turmoil because we don’t invest with money we don’t have. We don’t invest with rent money, and we buy great companies at bargain prices.
So, if you need a helpful reminder today and this week to stay strong, don’t sell, read this as many times as it takes.
“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” Warren Buffett
Thrifty Investing 
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