No matter the weather, and especially in dramatic weather, you invest and hold.
Disney stock, as we’ve talked about, is a long-term strategy.
Last week’s close at $86 is a disaster compared to the $150’s it peaked at before Covid-19.
The disciplined mindset to think long-term is decently rare.
Conversely, the disciplined mindset to have more (short-term) cash on hand is decently rare too – don’t let cash sit without your money working for you, right?
And then there’s Covid-19.
Cash is a good strategy now – this may continue for another year.
Or longer.
All of a sudden, my strategy doesn’t look so ridiculous.
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This website is about our MIND. To read today’s post about our BODY, click here.
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Tomorrow, March 20, all Walt Disney World Resorts shut down at 5:00 PM.
Pray for internet connectivity.
Seriously.
Also pray (or your equivalent) for a Friday (tomorrow) Presidential update that asks our Nation to collectively make the proper next move with Covid-19 as we head into the weekend and the possibility of a “leave your home only for essential reasons”.
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This website is about our MIND. To read today’s post about our BODY, click here.
If you want to stay on this site and read more posts from this Blog, click here.