r/moneyplus

Friday Morning
▲ 98 r/moneyplus+1 crossposts

Friday Morning

This is a shot from the close of yesterday. I had important obligations so I didn’t post this. Due to the extreme market pressure and the entire global market slipping heavily I am closing the vast majority of all my positions. China, Japan, Europe, and the US have sank heavily and while I am certain this will eventually recover I can’t see an immediate recovery. The US budget that was passed will have a lot of political battles in December and I expect more political turbulence as well. While I cannot say that it’s not possible for things to miraculously turn around I simply can’t see what that factor would be.

If we see a change of momentum I can’t see it taking massive leaps in a short amount of time. For all these reasons I must exit and do my best to protect the assets that are for the security of my family. This will include shares and options. I have very few positions that I will consider holding through this time.

I am going to take time to focus on my family and the upcoming holidays. My heart and prayers are with all of you. I will continue to keep you all in my prayers. Thanks for following along this is likely my last post in this sub this year. What lies ahead I don’t know. Two days ago a local shooting happened and my focus needs to be directed towards my kids and wife. If I never had to think about money of finances the only thing I ever wanted to buy was more time. Time with my family and more time to focus more on my ministry. To help others in a time of great division was all my heart wanted. This world has a lot of pain but there is a lot of love as well. I still believe that the greatest blessing to share is faith and that a small act of kindness can have a massive impact. These are the things I must focus on while being fully present with my family.

Thank you all for following along. God bless you my friends. It was a wild ride and while I’m making a pit stop on this part of the race I believe great things lie ahead.

Psalm 119:105 Jeremiah 29:11

u/Traderbob517 — 10 days ago