What to do now?

Has this been a ride or what?  Now that the big thrill roller coaster event is over, where are we and what should we do now with our investments? 

For those of you who did not panic and rode it out, how did it feel?  TELL YOUR ADVISER

For those that fired your adviser during this event, understand what the problem was.  Too much risk?  Not enough liquidity?  Did not  own what you think you owned?  It will help you be a better shopper for investment advise next time around and make it much easier for your next investment adviser if you can explain how you felt during this event.

This has been a lesson in excess:  Excess credit, excess speculation, excess consumption.

This has been a significant rebound and we have not felt the full impact of the excess consumption that excess credit and speculation fueled.  Governments around the world have committed Trillions in new borrowing to try and keep the party going, but we are all drunk, tired and want to recover through the hang-over before we start the next  party. 








 

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